Elin Electronics IPO opened for public subscription today, 20 December, and it will remain open for bidding till 22 December 2022. The company has fixed the IPO price band at Rs 234-247 per equity share and the company aims to raise Rs 475 crore from this public offer A bidder will be able to apply […]
Infosys share price hit a lower circuit on Monday, tanking 10% to Rs 1,250.30 on NSE after the IT giant’s Q4 results missed market estimates. Infosys reported its fourth quarter revenue of Rs 37,441 crore, down 2.3% from Rs 38,318 crore in the previous quarter, with a net profit of Rs 6,128 crore. According to […]
To ensure that farmers get remunerative prices and build up the buffer, the government will soon start procurement of tur dal which is currently ruling above the minimum support price (MSP) through a ‘dynamic pricing’ formula. Sources told FE that agencies such as National Cooperative Consumers Federation (NCCF) and farmers’ cooperative Nafed will purchase the […]
By Bhavik Patel Oil prices got off to a weak start to the year as the IMF forecasted a third of world’s economies could sink into recession this year. The fall in crude oil prices can also be attributed to profit booking after crude rallied from 6000 to 6700 one way. The IMF spoke of […]