All stories by Sundar Sethuraman
IPOs listed since Sept down 20% from peakRediff.com30 Mar 2021
'Whenever markets rally, the IPO pricing gets aligned to the prevailing market conditions.'
Share sales at listed firms gather pace in MarchRediff.com25 Mar 2021
Listed companies have seen equity deals worth Rs 23,500 crore in March.
Financial stocks cornered over half of $3.56 billion FPI flows in FebRediff.com12 Mar 2021
Banking and financial stocks got more than their fair share of foreign portfolio investor (FPI) flows in February. Overseas investors pumped in $3.56 billion into domestic equities last month. Of this $1.96 billion went into financial stocks, data analysed by Edelweiss shows. "The sector now has 34.8 per cent of FPI assets, up from 33.8 per cent in January.
IPOs find the going great as new issues get lapped upRediff.com6 Mar 2021
The dozen firms to have listed following their IPOs have seen an average listing day gain of 49 per cent. IPO applicants have made money on all the deals, barring two, which saw modest declines on listing day.
Over 80% of BSE stocks slide after the historic highRediff.com29 Jan 2021
This correction has given a good entry for long-term investors. One should buy quality stocks and those with growth potential.
Promoters, not companies, benefited from share buybacksRediff.com15 Jan 2021
Buybacks tend to boost returns on equity and earnings per share (EPS) as the number of outstanding shares decreases. However, this has not translated into the performance of the stock price for many companies. Sundar Sethuraman reports.
Low price denomination stocks dominate investor interestRediff.com13 Jan 2021
Of the 854 stocks that quoted less than Rs 20 on March 23, 2020 - when the Sensex hit more than a three-year low - 482 have doubled.
January likely to see IPOs worth Rs 8,000 croreRediff.com12 Jan 2021
RailTel Corporation of India, Indigo Paints, Home First Finance Company, Indian Railway Finance Corporation, and Suryoday Small Finance Bank are among the companies looking to tap the market.
Rs 70,986 cr: Nov registers highest-ever FPI flowsRediff.com21 Dec 2020
So far this month, another $4.5 billion (Rs 33,000 crore) has flown into domestic stocks.
Another mega IPO, Mrs Bectors Food subscribed 198 timesRediff.com18 Dec 2020
The so-called high networth individual portion saw 620x more demand than shares on offer.
Burger King: Best listing day performance in over 3 yearsRediff.com15 Dec 2020
Through the IPO, Burger King has raised Rs 450 crore, which will be used to rollout new outlets and retire debt.
Govt's move to pare stake in Axis Bank fuels hope of divestment by stealthRediff.com11 Dec 2020
Last week, govt sold shares worth Rs 220 crore in the open market without making a formal announcement. The deal came to light only this week.
Why investors are regretting giving Gland Pharma IPO a missRediff.com24 Nov 2020
Gland Pharma, promoted by China's Fosun, has extended its gains, is up 40 per cent since its listing.
Morgan Stanley forecasts Sensex at 50,000 pts in 2021Rediff.com18 Nov 2020
The brokerage believes the economic growth cycle is not fully priced in. It has revised upwards the earnings per share (EPS) estimate for Sensex.
Bankers stopped from sharing bidding data with investorsRediff.com29 Oct 2020
Sebi has said investment banks should direct investors to original sources such as stock exchanges, where data is publicly available.
IPOs come out of deep freezer as markets reviveRediff.com25 Oct 2020
More cos could join the likes of Burger King and Antony Waste in giving listing another shot.
Jhunjhunwala picks up 1.29% stake in Tata Motors for Rs 500 crRediff.com16 Oct 2020
Rakesh Jhunjhunwala has picked up a 1.29 per cent stake in Tata Motors. The September quarter shareholding pattern disclosed by the automaker showed Jhunjhunwala holding 40 million shares.
Covid-19 hits IPO filings, only 11 offer documents filedRediff.com16 Sep 2020
September may see end of IPO drought with 5 hitting the marketRediff.com3 Sep 2020
Many are now hoping the markets remain in good stead as they look to finalise the dates for IPOs, such as UTI MF, Computer Age Management Services, Happiest Mind, and Angel Broking. Most of the issues are expected to come to the market in the second half of September.
HAL stake sale kick-starts Centre's FY21 divestment driveRediff.com28 Aug 2020
About Rs 4,257 crore worth of bids have been received so far and the Centre hopes that retail investors - those investing up to Rs 2 lakh - will place bids worth at least Rs 750 crore.