HDB Financial shares valued at Rs 80,000 crore: Our coverage in Today’s ET

Shares of HDB Financial Services, the NBFC arm of HDFC Bank, are being valued at over Rs 80,000 crore in the grey market. This makes it the country’s fourth most valuable non-bank lender at the existing prices.  “Activity in the HDB Financial counter suddenly increased in the last few days ahead of its AGM on … Read more

Tamilnad Mercantile Bank (TMB) pre-IPO shares

Tamilnad Mercantile Bank (TMB) is a leading private sector based in South India. The bank has 509 full fledged branches all over India, 12 Regional Offices, 11 Extension Counters, 6 Central Processing Centres, 1 Service Branch, 4 Currency Chests and 1135 Automated Teller Machines. Due to its strong financial performance, the bank is often referred … Read more

Dollar Industries to debut on NSE on 21 April; Dollar Boss Fit Hai Boss : Our Coverage in Economic Times

Our Coverage in Economic Times newspaper in Pg No 8 on 21 April 2017 on listing of shares of Dollar Industries on NSE.  “The stock is expected to benefit from the consumption boom and good brand,” says Narottam Dharawat, a Mumbai-based broker, who deals in unlisted shares. Dollar Industries was sold at Rs 700-800 range … Read more

Profit-making companies listed on defunct bourses see renewed interest : Our coverage in Economic Times

Savvy investors are lapping up shares of companies that are listed on now defunct bourses like the Delhi Stock Exchange, Ahmedabad Stock Exchange, Cochin Stock Exchange and Madras Stock Exchange . “There’s a lot of activity among investors in companies which are profit making, dividend paying and have promoters with good reputation,” said Narottam Dharawat, … Read more

Huge listing gains for unlisted shares investors as Aspinwall lists on NSE : Our coverage in today’s Economic Times

Investors investing in unlisted shares pocketed in strong gains as unlisted shares of Aspinwall & Co. began trading on NSE yesterday, 14 June 2016. Kochi-based Aspinwall & Co listed on the NSE on Tuesday at a price of Rs 175, with 2,646 shares changing hands. The 1867-established company with interests in logistics, coffee, rubber plantation, … Read more

Investors Buy Heavily into Unlisted Shares : Our coverage in today’s Economic Times

Unlisted Shares are seeing high demand recently due to attractive valuation. Stocks of Bombay stock Exchange (BSE), ICICI Prudential, ICICI Lombard, L&T Infotech and RBL Bank (Ratnakar Bank). Our coverage in today’s Economic Times. Read this article for more details “Heavy oversubscription in recent IPOs like Thyrocare Technologies, Ujjivan Financial, Alkem Labs resulted in poor … Read more

Pilani resumes trading, putting a number to Lodha’s holding

On 25 October 2011, trading in the shares of Pilani Investment and Industries Corp. Ltd restarted on the National Stock Exchange (NSE). The MP Birla Group’s “25%-plus stake” in the firm is currently valued at upwards of Rs 450 crore. At Tuesday’s closing price of Rs 2,295 per share, Pilani’s market capitalization was Rs 1,815 crore. … Read more

TMB unlisted shares rally above Rs 1 lakh per share on Bonus bounty, demat shares & IPO plan

Our Coverage in Economic Times Page No. 9 on 13 January 2016 Tamilnad Mercantile bank (TMB) unlisted shares double in less than a month to above Rs 1 lakh per share after board proposes to reward shareholders with 500:1 bonus shares, conversion of shares from physical to demat mode, pre-IPO placement and IPO plans in … Read more

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