Ashutosh Joshi

1 week ago | news.bloomberglaw.com | Ashutosh Joshi

Ather Energy Ltd.’s shares closed below their initial public offering price Tuesday, signaling a tepid response to India’s first major listing this fiscal year, as traders looked for clues on the local equity capital market outlook. Shares of the electric scooter maker closed at 302.30 rupees, a discount of almost 6% over their offer price of 321 rupees apiece. The company’s offering of fresh and existing shares raised 29.8 billion rupees ($354 million) before the debut.

1 week ago | news.bloombergtax.com | Ashutosh Joshi

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.

1 week ago | news.bloomberglaw.com | Ashutosh Joshi

Ather Energy Ltd.’s shares reversed early gains to fall Tuesday in their Mumbai debut, as traders look to India’s first major initial public offering this fiscal year for clues on the local equity capital market outlook. Shares of the electric scooter maker declined as much as 3.9% after they were priced at the top of the marketed range at 321 rupees apiece.

1 week ago | financialpost.com | Ashutosh Joshi

Article content(Bloomberg) — Ather Energy Ltd.’s shares will start trading on Indian bourses Tuesday, in the nation’s first major initial public offering this fiscal year that will provide clues on the likelihood of equity capital market revival. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team.

1 week ago | bloomberg.com | Ashutosh Joshi

(Bloomberg) -- BSE Ltd.’s recent share rally may get another boost from its upcoming earnings, with analysts expecting quarterly profits to triple thanks to growing investor interest in derivatives.  The shares have surged more than 70% from a low in March to an all-time high at the end of April, as a rival bourse deferred plans that would have increased its market share in equity derivatives.