News Overview

The latest week to September 08, 2023 reinforced the turnaround in the stock market sentiments that had begun in the previous week.

Diverse hints from Williams and Bowman

Pharma funds have not been in great demand.

The IPO, which commenced on September 6, had already achieved a subscription rate of 3.3 times by the end of the second day of bidding.

This may sound like a question to a high school economics class; Is monetary policy making an art or science?

Parth Jindal, managing director of JSW Cement and JSW Paints, discussed the company's expansion goals as it gets ready to go public next year in an interview with Deborshi Chaki of ET.

The BSE midcap index saw a commendable rise of 0.9%, while the smallcap index also registered gains.

The series is the country's first electric commercial vehicle of its kind and intends to offer effective and environmentally friendly solutions for last-mile transportation demands, the firm stated in a filing with the stock exchange on September 7.

The price range for this subscription period, concluding on September 12, has been established at Rs 200-211 per share.

The company is raising Rs 200 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 1 NCD in a lot.