Welcome to the latest episode of Finance news. Get latest news about Hyundai stock, Waaree IPO GMP, Deepak IPO GMP, Orient Cement.
Waaree Energies IPO GMP
Waaree Energies is still available for subscription with good grey market premium. Waaree Energies is a issue of Rs 4,321.44 cr. It is available from 21 Oct to 23 Oct 2024 for subscription.
It will list on 28 Oct 2024 on stock market.
Waaree price band is ₹1427 to ₹1503, which have 1 lot of 9 shares. According to news reports, Waaree Energies IPO GMP is 99% or ₹1500. GMP is not fixed and change every minute, nothing is confirmed.
Hyundai Listed Loss
Hyundai India stock listed on Stock market of India in 3-4% loss. Hyundai IPO was the biggest IPO of India, but it’s fail in subscription and GMP. GMP was also crashed before listing and now stock is trading at 3-4% loss. Hyundai Motor India stock is now on discount.
Deepak Builders IPO GMP
Deepak builders IPO is also available for subscription from 21 Oct to 23 Oct 2024. Allotment date is 24 Oct and listing date is 28 oct 2024.
According to Media reports, GMP of Deepak Builders or DBEIL is ₹60, which is looking good.
GMP is not official, it may not correct or accurate.
Noel Tata Chairman, Hyundai IPO, UPI Limit Increase, Star Health Share, Startups
Ola Share Up
Stock of Ola Electric up by 3-4% after the clarification about solving the complaints registered with India’s consumer protection authority. According to the company, OLA resolved most complaints. OLA was seeing decline in sales also founder caught in some online controversies.
Orient Cement
Ambuja cement to buy 46.8% stake in Orient cement. Ambuja will acquire a 37.9% stake from promoters and buy 8.9% from public shareholders. After that, Ambuja plans to launch an open offer to acquire an additional 26% stake in the company at the same price.
Ambuja cement already purchased Penna cement.
UPI In Maldives
Indian online payment service UPI will launch in Maldives. Maldivian President Mohamed Muizzu decided to introduce UPI in the country.
It will boost Maldives business. India already provided good amount of loan to the falling country Maldives. UPI of India also available in many other countries like France.
