ICICI Prudential AMC, India’s largest active mutual fund house, has opened its Rs 10,602 crore IPO for subscription on December 12. This offer will close on 16th December. This is a complete offer for sale by ICICI Bank’s UK-based partner Prudential Corp. There are no new shares being issued, and the listing will not dilute…
Defense Stocks to BUY: There is selling pressure on defense stocks these days, should you invest money? highlights Despite the ongoing decline in defense stocks, experts believe that the fundamentals of the sector remain strong. After the Defense Acquisition Council approved purchases worth ₹79,000 crore, select stocks are expected to rise in the long term….
What is QIP: With the rise in the stock market, many companies want to raise money quickly for different purposes. Qualified Institutional Placement (QIP) route is becoming the preferred route for most firms looking to raise capital. This explainer explains what QIP is and why companies prefer it over traditional methods such as a follow-on…
