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Udayshivakumar Infra trades at a premium of ₹15 on grey market ahead of share allotment on Tuesday

The initial public offer (IPO) price per share is ₹35 while its estimated listing price as of current grey market premium is ₹50, 42.86% higher.

Cyient stock hits 52-week high, up 350% in 3 years; should you buy?

Cyient is a small-cap IT stock with a market cap of over ₹11,250 crore. Over the last 3-year period, the stock's value has surged by an impressive 351%, rising from Rs. 226 to Rs. 1,020 apiece. Motilal Oswal maintained its optimistic view on the stock and retained its ‘buy’ call with a target price of ₹1,170 apiece.

FPIs invest ₹7,200 crore in Indian equities in March: Report

During March, FPIs have been sellers in most emerging markets, including the Philippines, South Korea, Taiwan, and Thailand, except China, which continues to witness inflows due to the opening-up of trade.

Udayshivakumar Infra IPO share allotment today: Here's how to check status

On Day 4 of subscription, the issue continued to see overwhelming response from non-institutional investors (NIIs) who subscribed to it 60.42 times followed by qualified institutional buyers (QIBs) who subscribed to the issue 40.47 times. Retail investors' portion was subscribed 14.10 times. The issue was subscribed 30.63 times on the final day.

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Udayshivakumar Infra trades at a premium of ₹15 on grey market ahead of share allotment on Tuesday

Cyient stock hits 52-week high, up 350% in 3 years; should you buy?

FPIs invest ₹7,200 crore in Indian equities in March: Report