Tag: share price
IPO Sees 11% Grey Market Premium Surge Ahead of Opening—Price Band Set at ₹700-740
A yet-to-be-listed company's IPO is drawing heavy interest in the grey market, with shares trading at an 11% premium ahead of its official launch. Priced at ₹700–₹740 per share, the IPO’s momentum points to lively market sentiment, sparking conversations among potential investors.
Bharat Electronics Faces Order Inflow Hiccups in FY25; Stock Takes a Hit
Bharat Electronics Ltd. encountered a setback with a lower-than-anticipated order inflow for FY25, accumulating ₹18,715 crore against a target of ₹25,000 crore. Despite this, the company exceeded its revenue forecasts with a 16% increase, achieving ₹23,000 crore. However, shares dropped in response. The firm remains focused on expanding its presence in global markets and maintaining leadership in strategic electronics.