DSIJ Mindshare

Aster DM Healthcare is coming out with an IPO which will remain open from February 12-15, 2018. The issue consists of fresh issue of Rs 725 crore and offer for sale (OFS) of 1,34,28,251 equity shares, thereby aggregating the issue size to Rs 980 crore.

Investing in a basket of stocks or other securities which forms part of a benchmark index and in the same proportion as the benchmark is called index investing. And an index fund is a type of mutual fund, which constructs a portfolio to reflect/match or track the market indices

The company's standalone revenue for the quarter came in at Rs. 304.74 crore, registering 10.2 per cent yoy increase. This was on account of jump in sales from domestic formulations by 13.75 per cent, contrast media by 11.23 per cent, rest of the world exports by 7.16 per cent and Russia exports by 5.22 per cent.

Salzer Electronics reported standalone revenue for the quarter at Rs. 110.69 crore, registering 10.5 per cent yoy increase.

Indian sugar stocks were buzzing from the start of the week after the Union Government doubled import tax on sugar. The import duty on sugar was hiked to 100 per centon February 6. The stocks have duly broken their 5-10 days consolidation.