The growth in share price indicates shows that an investment of Rs 10,000 in a company has turned to over Rs 14 lakh at present
Rakesh Jhunjhunwala-backed Nazara Technologies on Wednesday hit the primary market with its Rs 583-crore IPO.
Select low-value stocks on Dalal Street have delivered a robust return to investors in FY21 on the back of sustained liquidity in the market despite rising Covid-19 cases.
The rise in share price indicates that an investment of Rs 25,000 in a company in March last year is now worth Rs 1,85,348.
Grey Market is an unofficial market for IPOs. It is an over-the-counter market where IPO applications and IPO shares are traded before they get listed on stock exchanges.
Historically, a phase of disruption has been followed by outperformance in broader markets
The BSE Smallcap index has soared 64% during the past year, while midcap and the benchmark Sensex have gained 64% and 51%, respectively
Market analysts are bullish on the company after the recently concluded QIP
Select realty players like Sobha, Indiabulls Realty, Mahindra Lifespace and DLF have gained between 150%-225% since March lows of 2020
The online travel company on Friday raised a little over Rs 229 crore from anchor investors.