Good opportunity to buy Banking Sector Equiies

 


Regular investing in MF schemes reached a new milestone, with SIP accounts crossing 4 crore and SIP AUM reaching an all-time high of Rs 483,964 crore
Fri, 09 Jul 2021 12:12:17 +0530


The company will separately announce price band and lot size for its IPO in coming few days. The issue will close on August 6.
Wed, 28 Jul 2021 18:55:01 +0530


The price band for the offer could be disclosed separately by the company in coming days. The issue will close on August 6.
Wed, 28 Jul 2021 13:12:35 +0530


Arihant Capital has come out with its report on Rolex Rings. The research firm has recommended to #39;#39;Subscribe#39;#39; the ipo in its research report as on July 27, 2021.
Wed, 28 Jul 2021 12:29:56 +0530


KR Choksey has come out with its report on Rolex Rings. The research firm has recommended to #39;#39;Subscribe#39;#39; the ipo in its research report as on July 28, 2021.
Wed, 28 Jul 2021 12:23:59 +0530


Considering the business growth outlook and almost stable operating margins, Choice Broking assigned a #39;subscribe#39; rating to the issue.
Wed, 28 Jul 2021 11:42:58 +0530


Rolex Rings IPO: At the upper band of IPO price of Rs 900, it is valued at a P/E multiple of 35 (on recalculated EPS excluding the Rs 25 crore deferred tax credit) which is lower than the industry average of 83, said KR Choksey Research.
Wed, 28 Jul 2021 11:27:06 +0530


Rolex Rings IPO: At higher price band of Rs 900, Rolex Rings is demanding a price-to-earnings (P/E) valuation of 28.2x (to its restated FY21 EPS of Rs 31.9) with a market cap of Rs 2,451 crore, while its peers namely Ramkrishna Forgings and MM Forgings are trading at a P/E of 123.30 and 37.14, respectively
Wed, 28 Jul 2021 08:57:45 +0530


Marquee investors participated in the anchor book were Invesco Mutual Fund, Matthews Asia Funds, and HSBC Global Investment Funds.
Tue, 27 Jul 2021 20:21:21 +0530


The public issue will be open for subscription between July 28-30.
Tue, 27 Jul 2021 15:45:53 +0530


Geojit has come out with its report on Glenmark Life Sciences. The research firm has recommended to #39;#39;Subscribe#39;#39; the ipo in its research report as on July 24, 2021.
Tue, 27 Jul 2021 13:43:51 +0530


Ajcon Global has come out with its report on Glenmark Life Sciences. The research firm has recommended to #39;#39;Subscribe#39;#39; the ipo in its research report as on July 26, 2021.
Tue, 27 Jul 2021 13:38:08 +0530


Arihant Capital has come out with its report on Glenmark Life Sciences. The research firm has recommended to #39;#39;Subscribe#39;#39; the ipo in its research report as on July 26, 2021.
Tue, 27 Jul 2021 13:30:59 +0530


Choice Equity Broking has come out with its report on Glenmark Life Sciences. The research firm has recommended to #39;#39;Subscribe#39;#39; the ipo in its research report as on July 23, 2021.
Tue, 27 Jul 2021 13:24:19 +0530


The subsidiary of Glenmark Pharma plans to raise Rs 1,513.6 crore through the public issue which comprises a fresh issue of Rs 1,060 crore, and an offer for sale of 63 lakh equity shares by promoter.
Tue, 27 Jul 2021 11:27:19 +0530


Glenmark Life Sciences IPO: The company has debt-to-equity of 1.3x with a debt of Rs 916 crore which includes Rs 800 crore payable to Glenmark Pharmaceuticals, post-IPO debt will be negligible.
Tue, 27 Jul 2021 09:26:50 +0530

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