Reduce bounce rates

Daily Digest 27 Feb

Mutual fund investments (total value of assets) of retail investors rose 9.3% year-on-year to Rs 23.4 lakh cr in Jan 2023.

+Fabindia has withdrawn its plan for a $482 million IPO.

+Divgi TorqTransfer Systems has set its IPO price band as Rs 560-590 per share.

+Government today released the 13th installment of over Rs 16,000 cr under the PM-Kisan Yojana. It is expected to benefit over 8 cr farmers.

+India’s fertilizer imports rose by 3.9% to 19.04 lakh tonnes in Jan 2023 vs Jan 2022.


Stocks in the news

Vi: has partnered with Esports start-up Gamerji.

PVR: opened a 5 screen multiplex in Telangana.

SpiceJet: Carlyle Aviation Partners will own over 7.5% equity stake in the company.

Airtel: now has over 1 cr 5G users.

Bajaj Auto: may reduce its production due to lower demand expected after demonetisation in Nigeria.

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