The IPO of India Mart Inter Mesh, was subscribed 51pc on the primary day of bidding on Monday 24-June.. The offer revived bids for 13,57,365 shares v/s total size of issue 26,92,824-apiece, as per data NSE.
Buyback: WelspunCorp to buy back 2.88cr share for Rs390crore at a price of Rs135per share. On Monday WelspunCorp shares closed at Rs139.85per share down 0.14pc
Piramal Enterprises: The Company seeks to sell complete 20pc stake in ShriramCapital. On Monday Piramal stock closed at Rs.1940per share down 0.16pc from previous close of Rs1943.10/share on the NSE.
HEG Ltd: -IndiaRatings affirms long term issuer rating of the company at AA rate with a stable outlook. On Monday HEG stock closed at Rs.1368.45 per share up 1.60pc from previous close of Rs1346.85/share on the NSE.
Emami Ltd: The Company’s promoters pledge further 92.34-lakh equity shares. Meantime, the research house Citi reduced target price of on Emami to Rs.340/- On Monday Emami Limited stock closed at Rs.27.05per share down 6.56pc from previous close of Rs289.30/share on the NSE.