Shares of Stanley Lifestyles, the freshly listed Indian furniture company, rose 9.11 per cent to reach an all-time high of ₹517.20 during Monday’s trading session. The rally happened after the American investment bank Morgan Stanley picked up ₹16.76 crore worth of stake in the company on June 28, according to […]
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Instead of big issues like LIC, the market will be tested this year with smaller issues of state-owned enterprises and financial institutions to gauge investor appetite, before the next round of minority share sales in the life insurer is finalized, the first person mentioned above said, requesting anonymity. ‘Next round […]