True North is expected to sell 15-20 per cent in the IPO, while promoters will dilute a part of their stakes.

Competition from private equitybacked players also posed a risk to growth.

Buy Shalby Ltd. at a price target of Rs 275.

“We keep on leveraging our economies of scale as we have been growing in the last few years. “

PSU bank stocks were the only losers in the trade. Nifty PSU Bank index lost 7 points or 0.20%.

Proceeds of the IPO will be utilised towards repayment of borrowings by the company.

The IPO, was subscribed 2.8 times at a price band of Rs 245-248 per share.

The issue had received 20 per cent subscription by the end of Day 1 and 46 per cent by Day 2.

On Wednesday, the Nifty50 index ended up making a bearish candle for the seventh session.

The price band for the issue is fixed at Rs 245 to Rs 248 per equity share.

Let’s check out what might influence Dalal Street all through the day.

Here's a quick roundup of top stocks and sectors that made headlines in today's session.

The issue had received bids for 28,93,680 shares against the total issue size of 1,45,21,686 shares.

Analysts noted that the company has delivered strong return ratios over last few years.

The hospital sector has not been rewarding for investors for the past one year.

With this, the total number of firms that have received the regulator's approval to launch initial share-sale offers in this year reached t...

Currently, the firm has a total capacity of 2,012 beds, as per Shalby's website.