January 22, 2025

initial public offerings

Shree Tirupati Balajee IPO subscribed 68.98 times on Day 3, check details | Stock Market News

Shree Tirupati Balajee IPO subscribed 68.98 times on Day 3, check details | Stock Market News

TheSpuzz Desk03 mins

Source: Live Mint Shree Tirupati Balajee Agro Trading Company Limited’s initial public offering (IPO), through a book-building process, opened for subscription on Thursday, September 5, and ended on Monday, September 9. The public offer was oversubscribed 68.98 times on the final day. Investors bid for 98.70 crore shares compared to the 1.43 crore shares available….

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No valuation dip expected in mid and smallcap stocks if they deliver on expected earnings growth, says Krishnan VR | Stock Market News

No valuation dip expected in mid and smallcap stocks if they deliver on expected earnings growth, says Krishnan VR | Stock Market News

TheSpuzz Desk010 mins

Source: Live Mint Krishnan VR, Chief of Quantitative Research team at Marcellus, believes that valuations of Indian markets are clearly quite extended both compared to history and across various sectors and stocks. However, he opined that as long as mid- and small-cap stocks deliver on expected earnings growth, there won’t be any valuation derating. He…

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