​Gujarat-based Jyoti CNC Automation s initial public offering worth up to Rs 1,000 crore will open on January 9. It will also be the first public issue of 2024 on the main board of leading stock exchanges BSE and NSE.
On the stock-specific front, TCS, Power Finance Corp, Gujarat Narmada, ESAB India, Natco Pharma, Uniparts India and some other counters will be in focus today.
Six companies listed in Samvat 2079 have given multibagger returns (compared to their issue prices) so far while most of the remaining are trading above their issues prices.
Six IPOs have turned multibaggers in Samvat 2079 with the highest return of over 300% by Kaynes Technology. The other offers which have delivered over 100% returns till date include Plaza Wires, Cyient DL, Global Health, Senco Gold and Utkarsh Small Finance Bank.