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[ 09:43 PM ] - Indiatimes
Delta Autocorp GMP soars ahead of listing today. Here's what you need to know

Delta Autocorp GMP soars ahead of listing today. Here's what you need to know


Published on 2025-01-13 21:43:27 - Indiatimes
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  • The issue was subscribed by an overwhelming 340 times at close, where the non-institutional investors category was booked 620 times. The retail investors played second fiddle with 314 times subscription in the category reserved for them.

Delta Corp's shares are set to list on the stock exchanges today, with the Grey Market Premium (GMP) indicating strong investor interest. The GMP for Delta Autocorp has surged, reflecting high expectations for the stock's performance upon listing. Investors are keenly watching the listing price, which could provide insights into the company's market reception. The article also mentions that the IPO was well-received, with significant oversubscription, and provides details on the company's business operations, financial health, and the potential for growth in the automotive sector. Additionally, it offers advice on what investors should consider before trading the shares, including market conditions and the company's future outlook.

Read the Full Indiatimes Article at:
[ https://economictimes.indiatimes.com/markets/stocks/news/delta-autocorp-gmp-soars-ahead-of-listing-today-heres-what-you-need-to-know/articleshow/117211347.cms ]
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