Powerica IPO Allotment Today: Steps To Check Status, Latest GMP, Listing Date And More

Powerica IPO Allotment Today: Steps To Check Status, Latest GMP, Listing Date And More

Investor appetite for Powerica’s IPO remained robust on the final day of bidding, with the issue subscribed 1.45 times on March 27. It received bids for 2,98,57,816 shares against 2,05,55,171 shares offered. Among investor categories, Qualified Institutional Buyers (QIBs) led with 4.5 times subscription, followed by Non-Institutional Investors (NIIs) at 0.44 times, while retail investors lagged…

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FMCG Stocks Face Headwinds: Margin pressure and sluggish demand weigh on outlook

    FMCG Stocks Face Headwinds: Margin pressure and sluggish demand weigh on outlook

    The fast-moving consumer goods (FMCG) and retail sectors are grappling with short-term headwinds as demand remains sluggish and profit margins shrink. Inflation, rising raw material costs, and higher product prices have dampened consumption, making it difficult for companies to sustain their revenue momentum. However, a stabilizing input cost environment and an increasing shift toward branded…

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    NSE, former managing director and others resolved TAP case: Will pay ₹643 crore to SEBI for this, market regulator sent notice in February 2023

    NSE, former managing director and others resolved TAP case: Will pay ₹643 crore to SEBI for this, market regulator sent notice in February 2023

    Hindi News Business NSE, Former Chief Vikram Limaye, Others Settle TAP System Case With Sebi। Pay Rs 643 Crore Mumbai27 minutes ago copy link National Stock Exchange (NSE), former managing director and CEO of the exchange Vikram Limaye and 8 others have reached an agreement in the case of misuse of Trading Access Point (TAP)….

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