Markets saw a rare dab of green in trade today, thanks to Dredging Corp!
Advertisement
Advertisement
Dredging Corp of India, a government-owned enterprise, was among the rare The government, which controls 78 percent stake in Dredging Corp, is selling 5 percent equity in a bid to raise more than 50 crore rupees from the sale. The number of shares on offer are 1.4 million.
Nearly 19 percent of the issue was subscribed so far on the National Stock Exchange with a demand of 2.62 lakh shares till noon.
Dredging Corp's market capitalisation has dipped 10 percent to 1,088 crore rupees in the past one year.
(Image credits: Indiatimes)
Advertisement
Advertisement
- Thailand is now welcoming Indians with open arms, but are its drought-hit islands really prepared for a tourism influx?
- Thoughtful gift ideas to make Mother's Day extra special
- Muslims up, Hindus down: What’s the larger picture behind India’s religious population trends?
- Scooch over magic mushrooms, toad venom could be the next big psychedelic for depression and anxiety!
- TBO Tek IPO allotment – How to check allotment, GMP, listing date and more