Akums Drugs and Pharmaceuticals Limited said the company has raised nearly ₹828.78 crore from anchor investors ahead of its initial public offering on Tuesday, July 30, according to the company filing on the Bombay Stock Exchange (BSE). The pharmaceutical manufacturing company allocated 1,22,05,912 or 1.22 crore equity shares at ₹679 […]
Pharma
Reconsidering its earlier portfolio in light of the unexpected election results, brokerage house Prabhudas Lilladher believes portfolio allocations and future policies of NDA government will be a key determinant of market movements. Severe jolt to BJP in Uttar Pradesh (new PDA social engineering), Maharashtra (fractured parties) and West Bengal will […]
The Indian market has been exceptionally volatile in the month of May. After falling over 3 percent in the first half, it rebounded a bit and is now down around 0.4 percent this month. The volatility has been attributed to some concerns surrounding the election results as well as the […]