Foreign Portfolio Investors(FPIs) are stepping up opposition against market regulator the Securities and Exchange Board of India’s(Sebi’s) plan to introduce a shorter settlement cycle. Three FPI lobby groups -- the Asian Securities Industry and Financial Markets Association (ASIFMA), Traders Forum Asia and the UK-based Investment Association – have sent a joint letter to Sebi chairman Ajay Tyagi alleging that they were not consulted on the new rules.
As of 30-Jun-2021, promoters held 51.6 per cent stake in the company, while FIIs held 18.85 per cent and domestic institutional investors had 17.93 per cent.
The stock quoted a 52-week high price of Rs 724.5 and a 52-week low of Rs 398.75.
This is the first time that both Gautam Adani and his Dubai-based brother Vinod Shantilal Adani have broken into the top 10 of the IIFL Wealth Hurun India Rich List, 2021, which showed Adani climbed two spots to the No 2 spot.
Jubilant Ingrevia Ltd. key Products/Revenue Segments include Other Operating Revenue and Sale of services for the year ending 31-Mar-2021.
Since listing, the share price of Prince Pipes and Fittings has increased 293 per cent, or nearly four times, so has the promoter wealth. The family’s personal wealth stood at Rs 5,500 crore.
Stocks from the sector have seen a break-neck rally throughout this past year, aided by heavy buying from institutional and retail investors. The sector is steadily becoming the third biggest export story from India, following on the footsteps of the software and pharmaceutical industry.
Byju Raveendran & family’s wealth stood at Rs 24,300 crore, according to the IIFL Wealth Hurun India Rich List 2021.
Nakul Aggarwal and Ritesh Arora, founders of the startup BrowserStack, had wealth at Rs 12,400 crore each as per the list, making them the richest new entrants to the list.
A total of 8,860 shares changed hands on the counter till 12:49PM (IST)
Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.