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CMS Info Systems recorded a net profit of ₹91 Crore during January to March 2024. Revenue from operations was ₹627 Crore.

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75% of the issue size is reserved for qualified institutional investors (QIBs), 15% for non-institutional investors, and the remaining 10% for retail investors.

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Gold prices gain

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Spot gold was up 0.3% at $2,393.21 an ounce. On Wednesday, the price of gold increased by 1%. Gold futures increased by 0.1% to $2,397.60.

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These stocks will still be available for trading in the cash market.

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Check out the price of Petrol and Diesel in your city today.

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In the previous session on May 15, Indian markets experienced a slight fall, with the Sensex declining by 118 points, while the Nifty maintained its position around the 22,200 mark.

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The robust response to the company's open offer further hinted at potential listing gains.

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The net proceeds from the IPO will be used by the company to cover its future capital needs for lending and other corporate functions.

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U.S. West Texas Intermediate (WTI) crude climbed 43 cents, or 0.6%, to $79.06, while Brent futures increased 42 cents, or 0.5%, to $83.17 a barrel.

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According to data released on Wednesday, core U.S. inflation decreased to an annualized 3.6% in April, which was predicted by the market.

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