August 12 Stock Market Insights and Trading Guidance

Friday, 9 August 2024, 09:51

Saraswati Saree Depot is set to launch its IPO on Monday, with shares priced between Rs 152 and Rs 160. This Rs 160.01-crore offering includes both a fresh issue and an offer for sale. Investors should keep an eye on market trends and consider the implications of this new listing on their trading strategies.
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August 12 Stock Market Insights and Trading Guidance

Introduction

On August 12, traders should be aware of key developments in the stock market.

Saraswati Saree Depot IPO Details

  • The company will start bidding for its shares on Monday.
  • Price band set between Rs 152 and Rs 160 per share.
  • The IPO is valued at Rs 160.01-crore.
  • This offering consists of a combination of fresh shares and an offer for sale.

Conclusion

As traders prepare for the market on August 12, understanding these details can impact trading decisions. Investors should consider the market dynamics and adjust their strategies accordingly.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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