Tag: MTAR Technologies

Daily Market Update MAR 15

Previous Day’s Market Update Sensex closed at 50792.08 down by 487.43 Nifty closed at 15030.95 down by 143.85 For the fortnight ended 15-January, bank credit grew 6.36% and deposits grew by 11.41%. Clearly, the C/D ratio continues to remain unfavorable. If you consider the first 9 months ending Dec-20, the bank credit was up by 3.2% even

Daily Market Update MAR 5

Previous Day’s Market Update Nifty  closed at 15080.75 down by 164.85 points Sensex closed down by 598.57 points IPO mania appears to continue in India as the Rs.597-crore IPO of MTAR Technologies was subscribed 10.27 times at the end of the second day, with huge retail subscriptions. MTAR received bids for 7.45 crore shares against an offer

Daily Market Update Mar 3

MTAR Technologies raised Rs.180 crores from 15 anchors ahead of its IPO opening on 03 March. MTAR is a Hyderabad based precision technology solutions company catering to high-end defence and space research outfits. MTAR allocated 31.11 lakh shares at Rs.575 per share, which is the upper end of the proposed IPO price band. The total