BREAKING NEWS
Veteran filmmaker Shyam Benegal passes away
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Vinod Kambli admitted to hospital due to deterioration in health
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Bharat Dynamics makes weak market debut, tanks 16%
Team Udayavani, Mar 23, 2018, 6:04 PM IST
New Delhi: Shares of defence company Bharat Dynamics made a weak debut at the bourses today, falling nearly 16 per cent from the issue price of Rs 428.
The stock listed at Rs 360, a sharp fall of 15.88 per cent from the issue price, on BSE.
On NSE, shares of the company tumbled 13.55 per cent to Rs 370 in opening trade.
The company’s market valuation stood at Rs 7,184.63 crore.
Initial public offer of the firm was open during March 13-15 and was subscribed 1.30 times.
Price band for the issue was fixed at Rs 413-428.
SBI Capital Markets, IDBI Capital Markets & Securities and YES Securities (India) managed the issue.
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Latest Additions
Veteran filmmaker Shyam Benegal passes away
Passenger gets back misplaced bag containing valuables worth Rs 20 lakh at Mangaluru airport
Police ‘killed’ Dalit man, alleges Rahul in Parbhani; CM Fadnavis says visit politically motivated
Karnataka govt approves 9 industrial projects worth Rs 9,823 Cr
Vinod Kambli admitted to hospital due to deterioration in health
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