NSE -

Northern Arc Capital IPO Soars with 33% Premium Listing

insight shortsSeptember 24, 202401 mins

Strong Investor Demand Boosts Northern Arc’s Market Debut Northern Arc Capital made a stellar debut on September 24, 2024, listing at ₹350 on the National Stock Exchange (NSE), marking a 33% premium over the issue price of ₹263. The IPO, which closed on September 19, was oversubscribed 117.19 times. Retail investors had the opportunity to…

CDSL Shares Plunge 48%: What’s Behind the Dive?

insight shortsAugust 23, 202401 mins

Ex-Bonus Adjustment Central Depository Services (India) Ltd (CDSL) shares plummeted 48% today on the NSE, opening at Rs 1,500 from yesterday’s Rs 2,898.10. This drop is due to the stock trading ex-bonus, as the company issued a 1:1 bonus, effectively halving the share price. Post-Adjustment Performance Despite the correction, CDSL shares surged 6% post-adjustment, reaching…