Star Health India stars Health IPO Star Health India

Star Health shares recover after listing at discount

Reading now: 793
www.livemint.com

₹845 per share on the NSE, a 6% discount to its IPO issue price of ₹900 apiece. However, the stock recovered in minutes after listing as it surged nearly 4% higher to ₹932 at around 10:15 am. “Star Health Insurance IPO got a poor response because of expensive valuations, therefore, we are seeing a poor listing.

The long-term outlook for the industry and Star health insurance is promising therefore we can expect buying interest at lower levels but it is difficult to say the exact level.

Those who applied for this IPO should hold it for the long term while those who are looking for a fresh entry should give some time to know at what level it manages to attract demand," said Santosh Meena, Head of Research, Swastika Investmart Ltd.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Washington Commanders Deshazor Everett charged with involuntary manslaughter after car crash kills girlfriend - fox29.com - Washington - city Washington - state Virginia - state Maryland - county Loudoun
fox29.com
65%
642
Washington Commanders Deshazor Everett charged with involuntary manslaughter after car crash kills girlfriend
LOUDOUN COUNTY, Va. - Washington Commanders safety Deshazor Everett has been charged with involuntary manslaughter for the fatal car crash that took the life of his girlfriend Olivia Peters. According to the Loudoun County Sheriff’s Office, Everett was charged after investigators determined he was driving over 90 mph just before the crash. Authorities say Everett, 29, turned himself into the Louduon County Adult Detention Center Tuesday afternoon. RELATED: Washington Football Team player discharged from hospital after car crash that killed Maryland womanBoth Everett and Peters were traveling north on Gum Spring Road near Ticonderoga Road in a 2010 Nissan GT-R the night of the crash in December 2021. Loudoun County Sherrif's Office said the vehicle the couple was in veered off the right side of the roadway, struck several trees, and rolled over.  Peters was taken to StoneSprings Hospital where she died from her injuries. Everett was taken to Reston Hospital Center and treated for serious but non-life-threatening injuries. Everett posted a $10,000 secured bond and has been released from custody. He is due in court on March 1. Kaveh Noorishad, Everett's attorney, released the following statement to FOX 5 regarding the matter: Advertisement"Mr.
DMCA