Auto Sector

Aeroflex Industries has fixed price band at Rs 102 to Rs 108 per share for its initial public offering.

As of 2022, the company, fully owned by its promoters, boasts three facilities located at Luna and Dahej SEZ in Gujarat, as well as Sajóbábony in Hungary.

The ban comes into effect due to these securities surpassing 95 % of the market-wide position limit (MWPL), as reported by the NSE

The public issue, valued at Rs 153 crore, had achieved a subscription rate of 1.61 times on its debut bidding day, August 18.

Within this allocation, a significant portion of 52.78 lakh shares was designated for four domestic mutual funds through a total of nine schemes.

The order pertains to a power project in Madhya Pradesh and involves BHEL's supply of crucial equipment

Investors with very high risk appetite and want to invest for 5 to 7 years in midcap companies should invest in UTI Nifty Midcap 150 ETF.

On a full-quarter basis after November 2023, this would have an impact on revenue of about Rs 17 crore and PAT of about Rs 9 crore, the business stated in a regulatory filing.

The initial public offering (IPO) of Pyramid Technoplast is priced in a range of Rs 151 to Rs 166 per share.

After a strong FY23 for the base US business driven by market share ramp-up in Lanreotide, analysts at IIFL expect FY24 to be a relatively softer year on an ex-Revlimid basis.