Niva Bupa intends to utilise the net proceeds of Rs 2,200 crore towards augment capital base to strengthen solvency levels
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In the Nifty 50 index, the top five gainers are JSW Steel, Bharti Airtel, Maruti, Bajaj Auto, and Hero Motocorp
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Vraj Iron and Steel IPO closes on 28 June. The allotment is scheduled on 01 July, followed by the listing on the NSE and BSE on 03 July
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The other sectors such as Auto, FMCG, IT, Metal, Pharma, PSU Banks, Realty, Consumer durables, Oil and Gas trade in green
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We expect a listing at around Rs 360 to 370 per share, resulting in a listing gain of around 27 per cent, says expert
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During its subscription phase, Stanley Lifestyle IPO receives more than 200 times subscription from Qualified Institutions
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Nifty Bank, Financial services, FMCG, IT, Media, Metal, Pharma, Realty, Healthcare, Oil and gas, and consumer durables start in the green territory
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In the Nifty50 index, 37 stocks advance in the positive territory, while 23 stocks end in the red territory
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Dr Reddy's has been investing in the areas of access to novel molecules, consumer healthcare and digital therapeutics as additional levers for business growth
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The block deal is placed at Rs 267 per share, bringing the total potential investment to approximately Rs. 1,885.02 crore
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