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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Apollo Micro Systems shares surge 15% following Rs 25 cr order wins from DRDO, other defence PSUs

Apollo Micro Systems shares saw a significant rise. The company secured orders worth Rs 25.12 crores from DRDO and Defence PSUs. This news b...