Key Points
Meanwhile, on the BSE, the auto components and equipment maker opened at Rs 600, up 1.7% against its issue price..
So, allottees who applied for the public offering for listing premium are advised to maintain their stop loss at Rs 610 and wait for further upside, whereas those who have a medium-to long-term perspective can hold the stock," Pravesh Gour said...
The issue of the Divgi Torq was subscribed 5.44 times, driven by strong interest from retail investors..
The retail portion was subscribed 4.31 times, while non-institutional investors (NIIs) made bids 1.4 times more than the reserved bit...
The public issue consisted of a fresh equity issue worth Rs 180 crore and an offer for sale (OFS) of 39.34 lakh shares by investors and other selling shareholders.. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own..
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