Tuesday, April 27, 2021

Nearly 50% of new listings fall below issue price; wait for earnings, say experts

Nearly 50% of new listings fall below issue price; wait for earnings, say experts The bull market helped many IPOs command high valuations but experts say that these companies would need to post strong earnings to meet investor expectations.

from Moneycontrol Market Outlook https://ift.tt/3gHyuGs

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Bajaj Auto shares fall 2% as firm, subsidiary fall prey to ransomware attack

Bajaj Auto shares dipped 2% following a ransomware attack on its systems and subsidiary, Bajaj Auto Technology Ltd, on June 23, 2026. The co...