Today 3 IPOs got listed on SME board and all of them enjoyed hefty premiums over the issue price.
Generally, brokers have given subscribe ratings to the IPO
PHK ventures is in the business of construction and development, hospitality and management services.
Money raised will be mostly used in working capital needs, debt repayment and small amount for capital expenditure as well as for inorganic growth.
IPOs are back in trend and a lot of companies are looking towards capital markets for raising funds.
With consumers becoming more health conscious, the company’s focus on taste as well as nutrition will aid in revenues as well as better relations with all stakeholders
HAL, Data Patterns and Bharat Dynamics are some of the top companies in defence sector
PSUs are like extensions of government and their objectives also include the betterment of society besides profit. Coupling this with the social and political dynamics of the area. It needs to be seen how CIL will attain cost leadership by modernizing
Fall in Indian inflation can be attributed to RBI, global factors as well as automatic stabilizers
Years of experience in developing all these expertise has created a knowledge of a firm and it would be difficult for new entrant to develop all this easily. So that creates advantage for incumbent firm like Wipro.