Uniparts India’s IPO to open for subscription on November 30
Uniparts India, a manufacturer of engineered systems and solutions, is going to open its initial public offering (IPO) for subscription on November 30.
The offer will close on December 2. The anchor book if any will open for a day on November 29.
The company is expected to announce its IPO price band in coming days.
The IPO will see the sale of more than 1.44 crore shares by promoters and investors.
BSE Realty index fell 0.5 percent dragged by the Indiabulls Real Estate, Prestige Estate, Oberoi Realty
HSBC maintains buy rating on Delhivery, target cut to Rs 455-Buy call, target cut to Rs 455 from Rs 710 per share
-Consecutive weak quarters have shattered street’s confidence
-e-Com industry growth slowed down in India, but it’s now in the price
-Market share loss tough to adjudge, but not a structural worry
KPI Green Energy to consider proposal for issue of bonus on November 30A meeting of the Board of Directors of KPI Green Energy is scheduled to be held on November 30, 2022 to consider the proposal for issue of bonus equity shares to the shareholders of the company.And to consider, approve and recommend appointment of Mr. Shanker Baheria as Non-Executive Independent Director of the company.
HSBC keeps ‘Buy’ rating on Jubilant FoodWorks, target cut to Rs 750 per share
-Buy rating, target cut to Rs 750 per share
-Aggressively scaling up Domino’s network while pursuing stable margin profile
-Market fears of a slip in margin
-Risk-reward is favourable & valuation appealing
Jubilant Foodworks was quoting at Rs 546.95, up Rs 5.80, or 1.07 percent on the BSE.
Market at 1 PMIndian benchmark indices extended the gains and trading at day’s high with Nifty around 18400.The Sensex was up 427.24 points or 0.69% at 61937.82, and the Nifty was up 129.20 points or 0.71% at 18396.50. About 1838 shares have advanced, 1329 shares declined, and 125 shares are unchanged.
term outlook is positive given rising middle-income households, improvement in the real estate sector, and easing input prices, along with TTK’s strong brand recall.
TTK Prestige was quoting at Rs 888.45, up Rs 1.00, or 0.11 percent on the BSE.
–>
Geojit keeps Accumulate rating on TTK Prestige, target of Rs 1,025
-Maintain ‘Accumulate’ rating, revise target of Rs 1,025
-Barring short-term pressure on demand and margins due to high inflation, the longterm outlook is positive given rising middle-income households, improvement in the real estate sector, and easing input prices, along with TTK’s strong brand recall.
TTK Prestige was quoting at Rs 888.45, up Rs 1.00, or 0.11 percent on the BSE.
HG Infra Engineering receives appointed date letter from Adani Road Transport
HG Infra Engineering has received a letter from Adani Road Transport regarding declaration of appointed date as November 3, by Authority for project in Uttar Pradesh.
The company will execute civil and associated works on engineering procurement & construction basis for development of an access-controlled six lane road project in Uttar Pradesh on DBFOT (toll) basis under PPP. The project will be completed within 820 days from appointed date.
HG Infra Engineering was quoting at Rs 586.50, up Rs 12.75, or 2.22 percent on the BSE.