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2 mins read
Closing Call : Banking sector in action, Axis, HDFC, ICICI biggest gainers during the day
Out of the 2,771 stocks traded on NSE during the day, 1,112 saw advances and 1,574 stocks declined.…
1 min read
Shares of Aditya Birla Sun Life AMC sees a tepid listing, opens at 2% premium
Shares of Aditya Birla Sun Life AMC IPO made a weak listing on stock exchanges as it debuted with 2…
5 mins read
Mutual fund company stocks bleed this year, thanks to tax hit on debt funds and strict expense ratio norms
The year 2023 has not been kind to asset management companies listed on Indian stock exchanges. The…
3 mins read
Aditya Birla Sun Life AMC IPO’s last day to subscribe, grey market indicates ₹20 premium
So far, in the first two days of subscription, the IPO has received a tepid response from all ca…
2 mins read
Aditya Birla Sun Life AMC IPO likely to open next week with a ₹3,000 crore issue size
Initial public offering (IPO) of Aditya Birla Sun Life AMC may open in the last week of September w…
3 mins read
Aditya Birla Sun Life AMC’s ₹2768 crore IPO will open on September 29
The mutual fund company will be the fourth fund house to get listed on exchanges. So far, HDFC A…
2 mins read
Aditya Birla Sun Life AMC IPO: Here’s how to check allotment status
The mutual fund company Aditya Birla Sun Life AMC is likely to announce the allotment of its initia…
2 mins read
Aditya Birla Sun Life AMC IPO allotment starts tomorrow, IPO was subscribed 5.25 times
The mutual fund company Aditya Birla Sun Life AMC is likely to announce the allotment of its initia…
2 mins read
Aditya Birla Sun Life AMC IPO: How to check for your refund if you have not received the allotment
Investors have bid for 14.59 crore shares against the 2.77 crore shares on offer. The IPO has re…
1 min read
6 mins read
Mutual fund industry to see many mergers in next couple of years, says Aditya Birla Sun Life AMC’s CEO
The ₹36 trillion mutual fund industry, in India, with 44 players may see consolidation happening in…
3 mins read
Aditya Birla Sun Life AMC IPO opens today, analysts bet high on the growing mutual fund industry
The initial public offering (IPO) of Aditya Birla Sun Life AMC is opening today, September 29, and …
3 mins read
Aditya Birla AMC IPO’s grey market premium stands at ₹70 per share; up 10% from issue price band
The initial public offering (IPO) of Aditya Birla Sun Life AMC is opening on Wednesday, September 2…
2 mins read
India’s mutual fund industry gets its hands on blockbuster IPOs like Paras Defence and others for ₹1500 crore in September
The ₹37 trillion mutual fund (MF) industry has together invested about ₹15.89 billion in five newly…
3 mins read
Rashi Peripherals closes 3% ahead of issue price on debut day
Hardware distribution company Rashi Peripherals debuted on the bourses with a 7.7% premium on Wedne…
2 mins read
Sensex rises over 100 points in early trade, Nifty hits 18,000 for the first time — Maruti, NTPC, PowerGrid top gainers
Later, NSE Nifty hit the 18,000-mark. This is the first time the index has hit the milestone. …
2 mins read
Zomato becomes a top pick for large mutual fund houses in July
These five mutual fund houses comprise more than 55% of the industry’s total assets under manage…
7 mins read
A year after market debut, Paytm is the worst performer among recent large IPOs – Cartrade, Policybazaar and LIC join the party
The Paytm IPO was the second largest in terms of value, but it has been amongst the worst first-yea…
14 mins read
IPOs in FY23 have been fewer but many have fared better than the previous year
The post-Covid boom saw 84 IPOs being listed on the stock exchanges in FY21 and FY22, but that pace…
4 mins read
Bikaji Foods raises ₹262 crore form anchor investors; over 40% shares bought by mutual funds
FMCG company Bikaji Foods International raised ₹262 crore from anchor investors, the company said o…