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Understanding Bond Futures

  What are Bond Futures? Bond futures are financial contracts that obligate the buyer to purchase and the seller to sell a specified quantity of a bond at a predetermined price on a specified date in the future. The price of a bond future is determined by the price of the underlying bond, as well as by factors such as interest rates, credit ratings, and supply and demand. Bond futures are traded on futures exchanges, such as the Chicago Mercantile Exchange (CME) and the Intercontinental Exchange (ICE). They are typically used by investors to hedge against interest rate risk, speculate on future interest rate movements, or gain exposure to the bond market without actually owning any bonds. How do Bond Futures Work? For example, an investor might buy a 10-year Treasury bond future with a delivery date of one year from now. If the price of the underlying 10-year Treasury bond goes up by 1% in the next year, the investor will make a profit on their bond future contract. However, if the...

Understanding LTP in the Share Market

 The share market is a complex and dynamic ecosystem where millions of investors trade stocks, commodities, and other financial instruments. To navigate this market effectively, it is crucial to have a clear understanding of various terms and concepts. One such term is LTP, which stands for Last Traded Price. In this blog post, we will delve into the meaning of LTP, its calculation, importance, differences from the closing price, impact on share price, limitations, and its relevance in trading strategies. Trading Volume Before we dive into LTP, let’s briefly touch upon another important concept – trading volume. Trading volume refers to the total number of shares or contracts traded in a particular security or market during a given period. It is an essential metric that provides insights into market liquidity and investor interest. Higher trading volumes usually indicate active participation and can impact the price of a security. What is LTP in the Share Market?  LTP, or Last...

Concord Biotech IPO: Issue Details, Latest GMP, and Price

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  Concord Biotech Limited  is an India-based biopharma company and one of the leading global developers and manufacturers of select fermentation-based APIs across immunosuppressants and oncology in terms of market share, based on volume in 2022, supplying to over 70 countries including regulated markets, such as the United States, Europe and Japan, and India. The Company manufacture (i) bio- pharmaceutical APIs through fermentation and semi-synthetic processes, across the therapeutic areas of immunosuppressants, oncology and anti-infectives; and (ii) formulations, which are used in the therapeutic areas of immunosuppressants, nephrology drugs and anti-infective drugs for critical care.   In 2016, they launched their formulation business in India as well as emerging markets, including Nepal, Mexico, Indonesia, Thailand, Ecuador, Kenya, Singapore and Paraguay, and have further expanded to the United As of March 31, 2023, they had 23 API products. The Company had filed 128 D...