News Overview

The IPO opened on May 6 and closes on May 8, with shares priced between ₹430 to ₹452.

Positive momentum was observed in the commercial vehicle segment due to demand for school buses and corporate purchases.

Aadhar Housing Finance IPO has allocated 35% of the issue size to retail investors, 15% to non-institutional investors (NIIs), and 50% to qualified institutional buyers (QIBs).

The price band for the TBO Tek IPO has been set at ₹875 to ₹920 per equity share.

The NFO is available for subscription from May 08 to May 22. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment.

IRB Infrastructure shares have gained around 140% over the past year, outperforming the Nifty 50 index, and has gained 62.25% since the beginning of the year.

Kate Woolley, the General Manager at IBM Ecosystem, emphasized that company’s partnership, recognized by the Center of Excellence.

The engineering goods and services segment generated ₹156 Crore in revenue, up from ₹142 Crore in the previous year.

NSE emphasized the need for clients/members to only trade to reduce their positions and cautioned against increasing open positions during this period

Revenue for the Kingfisher brewer increased 17.3% to ₹4,788.68 Crore, the business reported in a regulatory filing on May 7.