fii owned smallcap stocks: Global funds catch craze for India’s minnows in hunt for winners

Overseas investors looking to boost returns in India’s booming stock market are increasing exposure to small- and mid-cap companies that are outperforming larger peers. The number of firms with more than 10% overseas shareholding rose to 275 on the BSE 500 Index as of December-end, versus 257 a year ago, according to a Bloomberg analysis … Read more

BLS E-Services IPO to open on January 30. Check price band, issue size and other details

The initial public offer (IPO) of BLS E-Services will open for subscription on January 30 and will close on February 1. The allocation to anchor investors will be done on January 29.The IPO comprises a fresh equity issue of 2.3 crore shares. The company plans to raise around Rs 311 crore via the initial share … Read more