The Bansal Wire Industries initial public offerings (IPO) opened for subscription on July 3. The issue has so far been subscribed over 5.73 times on the second day of bidding. The retail portion, which was booked 6.19 times, received overwhelming response from the investors on July 4. Meanwhile, non-institutional investors […]

Fast-moving consumer goods (FMCG) stocks have largely underperformed so far in 2024 due to weak base rural demand, adverse weather conditions, and lower agri-production growth. High commodity prices have also played a spoilsport for the sector dependent on raw materials–either manufactured domestically or imported. Coming to equities, FMCG majors Hindustan […]

Investor response to Emcure Pharmaceuticals IPO on the second bidding day was overwhelmingly positive, with the market as a whole being robust. The offering has flowed quite well thanks to the enthusiasm shown by non-institutional investors, individual investors, and qualified institutional buyers. The Pune-based company Emcure Pharmaceuticals is involved in […]