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MTAR Technologies shares gain 9% in 2 days; JM Financial sees stock at Rs 2,770 apiece

MTAR Technologies share price target: JM Financial has maintained its 'Buy' rating on the stock with a revised target of Rs 2,770 on "robust credentials and strong growth outlook.

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Avis Stock Bet Made $2 Billion for One Hedge Fund Manager Last Year

The bet on Avis by Karthik Sarma at SRS Investment helped to roughly triple the hedge fund manager's net worth to $3 billion, according to Bloomberg. ....

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MTAR Technologies ipo: MTAR IPO share allotment status: Here's how to check it

NEW DELHI: MTAR Technologies is likely to finalise the basis of share allotment for its recently concluded IPO on Wednesday. The initial public offer (IPO), which attracted a massive 201 times bids last week, has seen its premium surge to Rs 530 apiece in the grey market from Rs 430 a few days ago.
This is after the issue received 651 times subscription to its HNI quota, 165 times bids from qualified institutional buyers (QIB category) and 28 times demand from retail investors.
The Hyderabad-based precision engineering company manufactures critical and differentiated engineered products for nuclear, space and defence and clean energy and owns seven manufacturing facilities in Hyderabad, including an export-oriented unit. ....

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MTAR technologies IPO review: MTAR IPO set to conclude today. Should you subscribe?

Going by grey market trends, even MTAR Technologies is commanding a strong premium, making investors wonder if they should subscribe to the issue. ....

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MTAR IPO: MTAR's Rs 596 crore IPO opens for subscription: Should you apply?

On Tuesday, MTAR Technologies raised Rs 178.92 crore from 15 anchor investors at Rs. 575 per share including Nomura Funds Ireland, Jupiter South Asia Investment, White Oak Capital and Goldman Sachs India. ....

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