POPULAR VEHICLES AND SERVICES SHARE PRICE
Hybrids face uphill drive to sops in Uttar Pradesh; Only FAME II-certified vehicles to benefit from state scheme Senior industry executives said the state is considering linking incentives on hybrid and electric vehicles (EVs) to guidelines outlined in FAME II.Some car makers had raised objections to the incentives for hybrids announced by Uttar Pradesh as the...
15 Jul, 2024, 12.43 AM ISTIn equity's Indian summer, IPOs and investors make hay in 2024 The IPO market in 2024 has seen strong investor interest with 38 companies listing at an average gain of 25%. While some stocks like Jyoti CNC Automation and Exicom Tele-Systems have surged 100-300%, others are trading below offer price. Major IPOs ...
11 Jul, 2024, 07.06 AM IST73% IPOs trading above issue price as primary market shines in H1, four turn multibaggers The fundraising of Rs 26,272 crore, however fell short of the previous two years likely due to the absence of mega issues. Investors' reception also remained positive with only one failed IPO.
29 Jun, 2024, 12.27 PM IST- ADVERTISEMENT
Extent and frequency of tariff revisions crucial for financial health of telcos Following the increase in tariffs, the stock of Reliance Industries rose by 2.3% on Friday to close at Rs 3,131.9. On the other hand, stocks of Bharti Airtel and VIL were under pressure, falling by 1.8% to Rs 1,445.4 and by 3.4% to Rs 17.9 in that o...
28 Jun, 2024, 08.07 PM ISTAkme Fintrade shares see a moderate listing. Should you exit? Akme Fintrade, a rural and semi-urban-focused NBFC, had a moderate listing on Wednesday. Its shares opened at Rs 127, marking a 5.83% increase from its issue price of Rs 120. This performance contrasts sharply with the earlier excitement indicated b...
26 Jun, 2024, 02.27 PM ISTAkme Fintrade shares list at 6% premium over issue price Ahead of the listing, the company's shares were trading in the unlisted market with a Grey Market Premium (GMP) of Rs 18. The IPO, consisting solely of a fresh equity sale of 1.1 crore shares, was oversubscribed by 53 times at closure. Due to intens...
26 Jun, 2024, 09.57 AM ISTAkme Fintrade shares to list tomorrow. What GMP signals ahead of listing? With a strong financial performance and growth trajectory, our upcoming listing is poised for success. The oversubscribed IPO reflects investor confidence in our business model and potential for further expansion. Partnering with industry experts li...
25 Jun, 2024, 03.06 PM ISTStock Radar: This battery maker stock turned multibagger in a year; what should investors do? Exide Industries has given massive returns to its investors in a year and according to experts there is more steam left in the stock. The stock has an upside of 143% in a year. After consolidating in a narrow range for the past few weeks, it gave a ...
31 May, 2024, 07.08 AM ISTAuto component industry to double investment to $7 billion; Craftsman Automation could give 19% return Auto component industry to double investment to $7 billion; Craftsman Automation could give 19% return. Premiumization trend drives shift to 'premium' vehicles. UV mix in PVs at 60% in FY24. 125cc+ segment in motorcycles at 52% in FY24. Social media...
22 May, 2024, 01.06 PM IST$17.7 billion worth of shares to enter market in next 3 months as IPO lock-in expires for 66 cos The value pertains to the total lock-up opening shares and it is important to note that not all of these shares will come for sale as a sizable portion of these shares are also held by promoters and groups.
28 Mar, 2024, 12.20 PM ISTPopular Vehicles shares make a tepid debut, but analysts are bullish. Here's why Despite a tepid debut, analysts are positive about the company's prospects in the medium- to long-term horizon, betting on the strong demand growth for the automobile industry.
19 Mar, 2024, 03.33 PM ISTPopular Vehicles and Services shares list at 2% discount to IPO price Popular Vehicles IPO debuted with discounts on NSE and BSE. The company's revenue segments include passenger, commercial vehicles, and electric vehicles. It closed on March 14 with a P/E of 28.9x based on FY23 earnings.
19 Mar, 2024, 10.00 AM ISTPopular Vehicles & Services IPO to list on Tuesday. What does GMP signal? Considering the upper price band of Rs 295, the stock is expected to see a flat or even a discounted listing, keeping in trend with the last few debuts, which were muted.
18 Mar, 2024, 09.39 PM ISTPopular Vehicles and Services IPO allotment: Here's how you can check status Popular Vehicles and Services is close to finalizing share allotment after a 1.23 booking issue. Investors can check status on BSE or registrar website. IPO fully subscribed with a flat debut. Strong FY23 performance with no GMP.
15 Mar, 2024, 09.43 AM ISTPopular Vehicles and Services IPO fully subscribed on final day: Check subscription, GMP and other details About 50% of the offer is reserved for qualified institutional buyers, 35% for retail investors and 15% for non-institutional investors.
14 Mar, 2024, 03.30 PM ISTPopular Vehicles and Services IPO: Check subscription on Day 2, GMP and other details The retail portion of the offer was booked 77%, followed by NIIs at 20%. The category reserved for institutional investors is still blank.
14 Mar, 2024, 12.01 AM ISTPopular Vehicles and Services IPO: Check subscription on Day 1, GMP and other details The initial public offer (IPO) of Popular Vehicles was subscribed 18% so far on Tuesday, the first day of the bidding process. The issue received bids for 25 lakh shares as against 1.44 crore shares on offer.
12 Mar, 2024, 01.37 PM ISTPopular Vehicles IPO opens for subscription. Should you bid for Rs 602-crore offer? The Popular Vehicles IPO opens today after raising Rs 180 crore from anchor investors on Monday. The IPO is made through the book building process, with allocations for qualified institutional buyers, retail investors, and non-institutional investor...
12 Mar, 2024, 10.07 AM ISTPopular Vehicles and Services IPO opens tomorrow. 10 things to know before subscribing to the issue Popular Vehicles & Services IPO aims to raise around Rs 602 crore. The company, with diversified automobile dealerships, caters to the complete vehicle ownership life cycle and had a strong financial performance in FY23.
11 Mar, 2024, 04.17 PM ISTPopular Vehicles sets price band of Rs 280-295 for its Rs 602-crore IPO At the upper end of the price band, Popular Vehicles plans to raise about Rs 602 crore. The company filed its draft papers in October 2023 and received approval from the regulator in December 2023. The issue is a combination of fresh equity issue of...
06 Mar, 2024, 12.55 PM IST