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The Department of Economic Affairs has stipulated a minimum offer size of at least Rs 5,000 crore or 5% of issued capital “if the post-issue capital of the company calculated at offer price is above one lakh crore rupees,” according to the notification.
Around 100 cos in NSE 500 witness earnings upgradesCyclical sectors are driving the incremental earnings upgrades as the government boosts focus on fiscal expansion and capex spending, which augurs well for the much-awaited revival in the investment cycle.
from Stocks-Market… Read MoreBuy SBI Life, target price Rs 950: EdelweissSBI Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 88875.21 Crore) operating in Financial Services sector.
from Stocks-Markets-Economic Times https://ift.tt/3jB6… Read MoreBuy Cipla, target price Rs 900: EdelweissCipla Ltd., incorporated in the year 1935, is a Large Cap company (having a market cap of Rs 67883.37 Crore) operating in Pharmaceuticals sector.
from Stocks-Markets-Economic Times https://ift.tt/3a5CrRL
… Read MoreCash flush Americans buying shares as pandemic limits spending optionsThe Conference Board's quarterly U.S. Consumer Dynamics Report showed 20% of consumers surveyed in the fourth quarter of 2020 invested in shares of stocks or mutual funds, up from 15% in the second quarter. No data was availa… Read MoreBuy Indraprastha Gas, target price Rs 590: EdelweissIndraprastha Gas Ltd., incorporated in the year 1998, is a Large Cap company (having a market cap of Rs 38976.04 Crore) operating in Gas & Petroleum sector.
from Stocks-Markets-Economic Times https://ift.tt/3p6vcx1
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