The portion meant for qualified institutional buyers (QIBs) was oversubscribed 15.60 times, non institutional investors 2.07 times and retail investors 6.10 times. The company fixed a price band of Rs 425-429 per share.
The companys market valuation stood at Rs 3,058.39 crore.
Under the SCM segment, it offers customized end-to-end logistics solutions and services (transportation & distribution, warehousing, in-factory logistics and value-added services). The bottom line numbers beat Rs 1,169 crore profit analysts estimated in an ETNow poll.
Automobile major Mahindra & Mahindra (M&M) on Friday reported an increase of 24.79 per cent in its standalone net profit for the second quarter (Q2) of 2017-18.
The company sold 2,079 trucks during the quarter, a growth of 86 per cent over the previous year.
Apple acquires imaging startup InVisage Technologies
Apple says, "We keeping on taking over the small business from time to time and do not disclose our plans to anyone". Currently, Apple uses back-illuminated images sensors purchased from Sony and other suppliers in iPhones .
Numerous Veterans Day events planned in the area
It's just a day of recognition for what the veterans have done for the country, giving us our First and Second Amendment Rights. Grace for Vets is coordinating free car washes for veterans at All American Car Wash, Car Lovers and White Horse Auto Wash.
Trump hails India for achieving astounding growth
Trump noted that countries outside of APEC were making great strides in this new chapter for the Indo-Pacific. The US President's approach appeared an attempt to balance American policy in regards to India and China.