Magnum Ventures, New Delhi-based paper maker today got listed at Rs 37 per share on the Bombay Stock Exchange (BSE), with a premium of 23.16% above its issue price of Rs 30 per share.
Within a few minutes of opening, the company’s scrip touched an intra-day high of Rs 66.70 and a low of Rs 36.95, as many as 35.11 lakh shares changed hands on the BSE.
The scrip got listed at Rs 36.60 on the National Stock Exchange (NSE), and touched a high of Rs 66.90 and more than 35.90 lakh shares were traded.
In early trading session, the scrip spared a few gains from its intra-day high and was dealing at Rs 59.35 on BSE and at Rs 58.45 on NSE.
After opening positively at 16,341.55, the 30 share index has been fluctuating between the positive and negative in the morning sessions of the trade. Selected stocks from auto and real estate boosted, whereas IT and banking stock declined.
New Delhi: There could be excellent news for retail capitalists in ONGC stock. The company is planning a stock split besides giving bonus to its shareowners.
Mumbai: The Reserve Bank of India (RBI) will not go after the US Federal Reserve Board, and may not slash interest rates in a little while.
Market analysts said that the central bank that has been following a compressed money strategy will possibly not play with key policy rates in the coming time.
Mumbai: The rupee beefed up past 40 per dollar today for the first time in 
After opening positively at 16,341.55, the 30 share index has been fluctuating between the positive and negative in the morning sessions of the trade. Selected stocks from auto and real estate boosted, whereas IT and banking stock declined.
