Business Studies > Business & Finance > Financial Markets

'Hitesh Ltd.' is a well-known company in the cement industry since 1999. The company has an authorised capital of ₹ 100 crore and is listed with a reputed stock exchange. The value of its shares is increasing day-by-day due to increase in the demand for cement.

Now the company wants to enter into car manufacturing business. For this it requires ₹ 200 crore. The Finance Manager of the company decides to raise this capital by a public issue.

(a) Identify the market in which the company's existing securities are being traded. (b) Name the market through which the company wants to raise its capital of ₹ 200 crore for its new business. (c) Distinguish between the markets identified in (a) and (b) above on the basis of any two points.