Go Digit sees moderate listing, but analysts project optimism. What investors should do

Go Digit sees moderate listing, but analysts project optimism. What investors should do

Go Digit, the fast-growing general insurance company, listed at Rs 286 per share, translating to a 5% gain over the issue price of Rs 272. The listing fell short of expectations as the grey market trends suggested a potential gain of around 10%. Analysts said Go Digit’s position as the fastest-growing private non-life insurer by … Read more

Indegene IPO shares to debut tomorrow. Here’s what GMP indicates

Indegene IPO shares to debut tomorrow. Here’s what GMP indicates

The shares of Indegene will list on the exchanges on Monday and the unlisted market trends indicate robust listing gains for allotted investors. The company’s shares are trading with a GMP of Rs 290 in the grey market, and considering the upper price band of Rs 490, the stock is expected to list with a … Read more

Fidelity has marked down value of X by 71.5 percent since Musk takeover

Fidelity has marked down value of X by 71.5 percent since Musk takeover

Fidelity has marked down the value of its shares in X Holdings Corp., the parent company of the platform formerly known as Twitter, by 71.5 percent since Elon Musk purchased the company in October 2022. The investment firm cut its valuation of X by about 10.7 percent in November alone, from an estimated $6.3 million … Read more