ICICI Prudential AMC IPO: A day before its stock market listing, shares of ICICI Prudential Asset Management Company have been soaring high in terms of grey market premium.
Ola Electric Mobility closed at Rs 31.11, hitting a new record low after dropping 5.5% during the session. The stock has fallen almost 70% from its 52-week high (Rs 99.90).
Ola Electric shares: Shares of Ola Electric Mobility hit new record lows on Thursday as the stock tumbled another 5.5 per cent during the session to hit Rs 31.11 on Monday.
KSH International is selling its shares in the price band of Rs 365-384, applied for a minimum of 39 shares and its multiples to raise a total of Rs 710 crore between December 16-18.
Usha Martin shares target price: Select domestic brokerage firms have initiated coverage on multibagger stock Usha Martin, which has zoomed nearly 3,500 per cent since May 2020 lows.
The initial public offering of Sundrex Oil Company shall open for bidding on Monday, December 22 and issue will close for bidding on Wednesday, December 24.
Nifty futures on the NSE International Exchange traded 5.80 points, or 0.02 per cent, down at 25,892, hinting at a flat start for the domestic market on Thursday.
An analyst from YES Securities said that Hudco is experiencing a significant bearish breakdown after decisively breaching its 200-day SMA, signaling a shift in long-term sentiment.
Stocks including HCL Tech, Paytm, Cyient, Ola Electric, Indian Overseas Bank, NTPC Green, Titagarh Rail, AstraZeneca and more will be in the spotlight on Thursday, December 18.
Even before its listing, ICICI Prudential Asset Management Company has been able to draw interest from brokerage firms as PL Capital has initiated coverage on it.
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