Rail Vikas Nigam lists flat at the BSE on debut

Rail Vikas Nigam lists flat at the BSE on debut

by admin- Thursday, April 11th, 2019 04:14:30 PM

Rail Vikas Nigam (RVNL) has debuted at Rs 19 on the BSE, unchanged from its problem charge of Rs 19.

The scrip is presently buying and selling at Rs 19.65, up via 0.Fifty five factors or 2.89% from its difficulty charge. It has touched a high and coffee of Rs 19.Seventy five and Rs 18.60 respectively. So far 88,70,000 stocks had been traded on the counter.

RVNL initial public provide (IPO) had closed on April three, 2019 and the rate band changed into Rs 17-19 in line with percentage. Retail investors subscribed about 2.Five times the shares reserved for them, even as certified institutional customers (QIBs) portion turned into subscribed 1.36 times.

Tata Power strengthens on the BSE
Tata Power Company is presently trading at Rs. Seventy one.70, up by way of zero.70 factors or zero.99% from its preceding remaining of Rs. 71.00 at the BSE.

The scrip opened at Rs. Seventy one.05 and has touched a excessive and coffee of Rs. 71.Eighty five and Rs. 70.Sixty five respectively. So far 105921 shares had been traded on the counter.

The BSE institution ‘A’ inventory of face price Rs. 1 has touched a fifty two week excessive of Rs. 89.50 on 02-May-2018 and a fifty two week low of Rs. 59.Ninety on 09-Oct-2018.

Last one week high and occasional of the scrip stood at Rs. Seventy three.35 and Rs. 70.50 respectively. The cutting-edge market cap of the employer is Rs. 19352.Sixty five crore.

The promoters holding inside the corporation stood at 33.00%, whilst Institutions and Non-Institutions held 51.Eighty five% and 15.08% respectively.

Tata Power Company’s maiden CSR programme — Project SPARSH has benefited 2,500 families in five villages of Palghar district, North-West Maharashtra. These households have been stricken by malnutrition ensuing in bad mother-infant health.

The initiative was launched in collaboration with a neighborhood NGO ‘Action towards Hunger’ with an purpose to teach and remove endemic malnutrition in Jawhar district. Project SPARSH has stated a substantial development inside the usual fitness of pregnant & lactating moms and kids below five years through diverse cognizance sessions.

News Updates