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By the close of bidding, the issue was subscribed 89.62 times, with applications for 198.77 crore shares against 2.22 crore shares on offer.

Walmart-owned digital payments firm, PhonePe, has filed draft papers with the market regulator for a mega IPO where existing investors will offload stake, sources told Moneycontrol.

Last week, Akzo Nobel India told CNBC-TV18 it was gearing up for an expansion strategy to capture a larger share of the country’s paint maker, particularly in the underpenetrated mass economy segment.

Of the 48 analysts that have coverage on Maruti Suzuki, 41 have a “buy” rating, five have a “hold” rating and two have a “sell” rating.

Brokerage firm Goldman Sachs said that the thesis around a shift toward higher-tonnage vehicles and an improving margin environment for the commercial vehicle industry is now largely reflected in the current stock price.

Manulife Investments remains positive on gold, citing greater demand from both investors and central banks as they diversify away from US Treasuries amid widening fiscal deficits. The firm also noted increased flows into Asian markets this year, led by specific…

Minda Corp has already secured multiple new orders, including digital keys for two-wheelers, high-voltage EV wiring harness systems, TFT clusters, cockpit sensors and ECUs, with SOPs staggered between FY26–FY27.

Saatvik Green’s IPO comprised a fresh issue of 1.51 crore equity shares worth ₹700 crore and an offer for sale (OFS) of 0.43 crore shares amounting to ₹200 crore.

The IPO of VMS TMT garnered a whopping 102.26 times subscription on the closing day of share sale, driven by strong investors’ participation.

BMW Ventures aims to raise ₹231.66 crore via the IPO of 2.34 crore equity shares, which is an entirely fresh issue.