Elin Electronics shares had a tepid listing on the bourses on Thursday after the IPO closed last week. The shares opened at a discount amid a positive domestic market, listing at Rs 243 on the BSE, as compared to the public issue price of Rs 247. The shares fell to a low of Rs 238, down 3.7%. The market predicted a muted listing ahead of the company’s debut since Elin Electronics’ shares were ...

Indian benchmark indices NSE Nifty 50 and BSE Sensex are likely to open lower amid weak global cues. Ahead of Monday’s trading session, SGX Nifty was in red with Nifty futures trading 0.8% lower, hinting at a negative start for domestic equities. “In absence of any major event, earnings and global cues will dictate the trend next week. Participants will react to the HDFC Bank’s number in ear...

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic benchmark indices opened lower amid weak global cues. The BSE Sensex was down 119.13 points or 0.21% at 57800.84, and the NSE Nifty 50 index fell 34.40 points or 0.20% to 17151.30. Weakness ensued in the broader markets as well with Nifty MidCap 100 and Nifty SmallCap 100 indices dropping up to 0.2 per cent. Meanwhile, the India...

Electronics Mart India Ltd shares witnessed bumped listing on the both BSE and NSE as the stock listed at Rs 90, up 52.5 per cent from the IPO price of Rs 59 per share, largely in-line with what analysts expected. Company’s market capitalisation on BSE stood at Rs 3,439 crore at the time of listing. The IPO of the Hyderabad-based consumer durables retail chain was subscribed 72 times as on the f...

The initial public offering (IPO) of Hyderabad-based consumer durables retail chain Electronics Mart was subscribed 72 times as on 5 pm on Friday, the final day of the offer.The portion reserved for qualified institutional buyers was subscribed 169.54 times and the same for wealthy or non-institutional investors was subscribed 63.59 times. The portion for retail investors was subscribed 19.71 time...