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Afcons Infrastructure, Quadrant Future Tek, Godavari Biorefineries, Enviro Infra Engineers, and Shivalik Engineering Industries have received approval from Sebi for their proposed IPOs. The IPOs will include a mix of fresh issues and offers for sale by promoters and investors, with significant amounts being raised across these companies.
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News and Media
Shares of housing finance companies fell after Bajaj Housing Finance's strong debut, as investors considered the prior run-up excessive. The future performance of these shares depends on Bajaj Housing Finance's stock. PNB Housing Finance and LIC Housing Finance saw significant declines, while others like Can Fin Homes and Aavas Financiers also dropped.
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News and Media
Bajaj Housing Finance made a remarkable debut on the stock market, listing at 150, a 115% increase from its IPO price of 70. The stock closed at 165, making it the most valuable in its segment with a market cap of 1.37 lakh crore. Analysts predict further gains in the near term.
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News and Media
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