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Stock Updates: Recent Developments in Indian Companies Company Update Grasim Industries Board approves a rights issue up to Rs 4,000 crore with an issue price of Rs 1,812/share; Record date…
Stock Updates: Latest Developments

Stock Updates: Latest Developments

Stock Updates: Latest Developments in Indian CompaniesCompanyUpdateMaruti Suzuki IndiaReceived an adjudication order upholding Rs 174 crore GST demand; will file an appeal.LTI MindtreeFaced a Rs 206 crore tax demand from…
Innova Captab IPO is currently trading in the grey market at a premium of ₹115 on December 28. This indicates a potential listing price of ₹448 for the company’s shares. If this holds true, investors could see a profit of around 26%.

Innova Captab IPO is currently trading in the grey market at a premium of ₹115 on December 28. This indicates a potential listing price of ₹448 for the company’s shares. If this holds true, investors could see a profit of around 26%.

The significant premium in the grey market suggests strong investor enthusiasm and confidence in Innova Captab's self-reliant and specialized pharmaceutical products. The company aims to make strides in financial development…