Ujjivan Small Finance Bank listed with a massive 56 percent premium over its issue price on December 12 despite volatility in the market.The stock touched an intraday high of Rs 62.8 on the National Stock Exchange (up 70 percent) after opening at Rs 58.75 against IPO price of Rs 37. The bumper listing was on expected lines given the strong response received for the company's IPO.Combined volume on BSE and National Stock Exchange was more than 20 crore equity shares.Close Ujjivan Small Finance Bank (USFB) is a subsidiary of microfinance lender Ujjivan Financial Services. related news Morgan Stanley bullish on NTPC, Adani Ports and L&T Infotech Initiating coverage: HDFC AMC and M&M among 10 stocks that could return 10-40% in 2020 Most experts are now advising investors to hold the stock for longer term on the back of good fundamentals. Though some suggest investors can do partial profit booking and hold the rest for longer term."Ujjivan SFB's … [Read more...] about Ujjivan Small Finance Bank: Should investors buy, sell or hold after the bumper listing?
Adani port 400 ce
Aerodynamics forms an integral part of the structure of a supercar. Seeing how the car can potentially fly off the ground if things aren't done right, decades of research has been done in this field to reduce drag without compromising on traction.Now all this research has made cars faster and more stable, but British design firm -- Gordon Murray Automotive -- has brought us the future of aerodynamics. The new Gordon Murray T.50 will be the company's first production car and its main feature will be a 400 mm fan sitting on the rear bumper.The fan sits right between the aerofoils and the high mounted exhausts and looks more akin to a sci-fi jet thruster than what its real purpose is. As mentioned before, the fan's direct function will be to speed up the air passing from under the car and channel it through active elements in the car's rear diffuser. The air inlets at the bottom are also vertical so no debris is pushed into the fan's blades.Close The fan itself, which was first … [Read more...] about Gordon Murray’s T.50 supercar gets futuristic aerodynamics with a rear-mounted fan