The stock is inching towards its 52-week high of Rs 424 touched on November 25, 2022.
Udayshivakumar Infra IPO allotment date: The share allocation of the IPO will take place on March 28 and the shares will be credited to the demat account of the investors on March 31
Meanwhile, in past two trading days, the stock has surged 12 per cent after the company emerged as a preferred bidder for Rs 2,132 crore built-operate-transfer (BOT) project in Gujarat.
The funds will come in handy for credit growth, and the bank would not need to maintain any statutory liquidity ratio or cash reserve ratio for funds raised through such bond issuances
So far in the financial year 2022-23 (FY23), PSP received total orders worth of Rs 1,833.09 crore
The planned issuance worth Rs 10,000 crore includes a greenshoe option of Rs 5,000 crore, the bank said
The company has bagged multiple orders worth Rs 1,092 crore across its businesses in India and overseas.
As on March 31, 2022, the company has an order book position of Rs 9,001 crore. With this, KNR has targeted further order book inflow of Rs 4,000 to Rs 5,000 crore for the year FY23.
No major negative disclosure from the CBI raid will be key triggers for future price performance, according to analysts at ICICI Securities.
In the past three months, the stock zoomed 55 per cent, as against 1 per cent decline in the S&P BSE Sensex.
Larsen & Toubro and Engineers India need to hold above the key levels for further upside.
On February 25, 2022, Niyogi Enterprise Private Limited, one of the promoters of Nuvoco Vistas, purchased 68,222 equity shares of the company via market purchase
Infra related stocks can easily see a jump of 10 per cent in quick time
Adani Ports and SEZ, Hindustan Petroleum and ONGC rose 7.8 per cent, 5 per cent and 3.5 per cent respectively over two days
The advance-decline ratio remained skewed in favour of seller, highlighting underlying bearishness in market.
According to Phillip Capital increased allocation for capital expenditure will bode well for large banks, namely ICICI Bank, Axis Bank, HDFC Bank and State Bank of India
MEP Infrastructure was up around 4.5 per cent to Rs 18.70 on the BSE.
For investors, the revenue statement, both for the quarter and annually, will not give an accurate picture. So, investors will have to look at cash flows