Tuesday, 25 April 2017

Stock market

Stock market

ET INTELLIGENCE GROUP: Investors with a long-term horizon may subscribe to initial public offering (IPO) of S Chand & Company , India's largest publisher of school text books. The IPO looks attractive considering the 70-year parentage of the company, branded portfolio, investment in the digital platform, and expected boost to earnings once the company repays debt using IPO proceeds.

Ahead of its IPO, S Chand raised `219 crore through allotment of 32.62 lakh shares to anchor inve ..



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