Three companies will see shares worth nearly ₹40,000 crore free up for trade today; details here
Hyundai Motor India, Canara HSBC Life Insurance, Amagi Media Labs are the three companies who will see their shareholder lock-ins end on Monday, April 20. Barring Canara HSBC Life Insurance, Hyundai Motor India and Amagi Media Labs are trading below their issue price. Based on the respective closing price on Friday, the total value of the shares that become eligible to be traded is worth ₹38,927 crore. It must be noted that the end of the shareholder lock-in does not mean all the shares will be sold in the open market. They only become eligible to be traded. Here's a look at the three companies in greater detail: Hyundai Motor India | The company will see its six-month and beyond shareholder lock-in period end on Monday. According to Nuvama Alternative and Quantitative Research, as many as 162.5 million shares, or 20% of the company's outstanding equity will free up for trade as the lock-in period ends. Based on Friday's closing price, those shares are valued at ₹30,696 crore. The stock currently trades 1% below its issue price of ₹1,906 apiece. Canara HSBC Life Insurance | The company will also see its six-month lock-in period end on Monday. According to Nuvama Alternative's note, as many as 522.5 million shares, or 55% of the company's outstanding equity will free up for trade today. Based on Friday's closing price, the total value of the shares that become eligible to be traded is worth ₹7,836.98 crore. The stock is trading 42% above its IPO price of ₹106 per share. Amagi Media Labs | The company will see as many as 11.1 million shares, or 5% of its outstanding equity become eligible to be traded once its three-month shareholder lock-in ends on Monday. Based on Friday's closing price, the total value of shares that free up for trade is worth ₹394 crore. The stock is trading nearly 2% below its issue price of ₹361 per share.
2026-04-20T02:17:20Z
Gold, silver prices fall today: Check 22K and 24K rates in your city on April 20
Gold and Silver Rates In India Today, April 20: Gold and silver prices fell on April 20, as the dollar strengthened, while news that the Strait of Hormuz is closed again pushed oil prices higher and revived inflation fears. On the MCX, gold prices were down by 1.08 per cent to trade at Rs 1,52,934 per 10 grams in the early trade, while silver declined 1.88 per cent to Rs 2,52,304 per kg.In Mumbai, the price of 24-carat gold rose to Rs 1,55,770...
2026-04-20T04:08:58Z