Gland Pharma made a strong debut on the bourses on Friday. The stock got listed at Rs 1,701 — a 13.4 per cent premium to its issue price — and ended the session at Rs 1,820, up 21 per cent over its issue price. The post-listing market capitalisation for the company stands at Rs 29,848 crore, helping it break into the top 10 valuable pharma firms in the country.
The Rs 6,480-crore IPO was one of the biggest by a pharma company in the domestic market. The price band was set at Rs 1,490-1,500 per share.…
Why PR Is Fundamental in Scaling Your Business Rapidly
November
20, 2020
5 min readOpinions expressed by Entrepreneur contributors are their own.
“If I was down to my last dollar, I would spend it on public relations.” —Bill Gates
Every year, millions of startups are launched across the world, each with its own unique selling point, each with a new solution. We hear about some of them, but some we never find out about. These startups use all the latest technology, understand the basic business principles and spend months, if not years, perfecting their services or product.
Many of these businesses show early-stage promise. They have customers, their…
Five opportunities for CMOs in a pandemic-impacted world
How do businesses do more, earn more, and operate better when they have fewer resources and when challenges loom everywhere? It’s a perennial predicament with elusive solutions — and one with which chief marketing officers (CMOs) are certainly familiar. But now, doing more with less has become an urgent mandate rather than a puzzle to ponder, as businesses around the world work to recover from the effects of the COVID-19 pandemic.
Long before the novel coronavirus paralyzed businesses globally, the CMO role was evolving in scope, focus, and sometimes name. New titles such as chief growth officer and chief customer…
Most Nifty firms trading above 200-day moving average, shows data
The ongoing rally has not just benefited a few, but almost all companies — at least in the Nifty50 universe.
According to Bloomberg data, about 86 per cent of the Nifty components are currently trading above their 200-day moving average (DMA) — a key technical indicator to study long-term trend of a stock.
The last time a higher percentage of Nifty stocks traded above the 200-DMA was in 2016. The 200-DMA is the average closing price for the past 200 trading sessions. A stock trading above 200-DMA is considered to be…
How to Easily Create a Facebook Video Ad Users Will Actually Watch
For paid advertising, the social media platform is about as effective as it gets. Toss video into the mix, and you’ve found your brand a bottom line-boosting formula for advertorial success.
November
19, 2020
4 min readOpinions expressed by Entrepreneur contributors are their own.
According to HubSpot, roughly eight billion videos are viewed on Facebook every day — and those aren’t just limited to cat videos. Views for sponsored video content have increased by an impressive 258 percent since 2016. But even after your video appears in a person’s news feed, it can still be hard to retain their…
COVID fatigue is real, but don’t let it disrupt your recovery plans
The COVID-19 crisis has now become, for better or for worse, “business as usual.” Despite the recent increase in cases in many parts of the world, the prospect of a vaccine becoming available in 2021 is quite rightly improving people’s outlook for the future. Over the last many months, we adjusted, cut costs, went remote, implemented new technology, bought sanitizer and masks, and reworked supply chains. And now we can start to make plans for a world that is not constrained by a pandemic.
One response we’ve noticed during the pandemic, however, is a new kind of corporate fatalism about…
Kotak Securities launches plan with zero brokerage on intra-day trades
Kotak Securities (KSL) on Thursday announced the launch of its Trade Free Plan, with zero brokerage on intra-day trades and Rs 20 per order for all other Future & Options (F&O) trades.
This fixed brokerage plan is available for F&O across equity, commodity, and currency segments.
The Trade Free plan comes with other features such as refund of fees and brokerage within a month if the customer is not satisfied. Customers can also give stock instead of cash as margin for trading.
The offering will help Kotak Securities improve…
What We Can Learn From Natural Grocers’ 65 Years of Success
November
18, 2020
6 min read
When Heather Isely and her siblings were plotting out how to commemorate the 65th anniversary of their family run organic-market chain, Natural Grocers, they envisioned all manner of dynamic in-person promotions. It only made sense, given the Lakewood, Colorado-rooted company’s decades-long immersion in the towns and cities surrounding its more than 150 locations across 20 states.
“We adapt to the communities we go into,” confirms Isely, who serves as executive vice president of Natural Grocers, which her parents, Margaret and Phillip Isely, started in 1955 with a single location. “We try and figure out…
