Top Middle East grocer LuLu tees up mega Abu Dhabi listing
Indian entrepreneur Yusuff Ali founded LuLu in the early 1990s during a years-long oil boom in the Gulf.
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Added IT to portfolio, moved from underweight to overweight across portfolios, says Kotak Mahindra AMC
According to Harsha Upadhyaya, President & CIO-Equity at Kotak Mahindra AMC, this festive season is going to be crucial for the entire auto pack. If the volumes don’t pick up around this festive season then it could bring further downside…
Hyundai Motors India GMP surges ahead of listing but analysts see lacklustre Street debut
According to the latest GMP, the shares of Hyundai Motors India are trading at ₹2,035 in the unlisted market, reflecting a 3.83% premium over the IPO price of ₹1,960.
JM Financial shares hit 52-week high after RBI lifts restrictions on subsidiary
JM Financial Share Price | The RBI, in a letter dated October 18, announced the immediate removal of restrictions on JM Financial Products Ltd regarding financing against shares and debentures. The move marks a significant relief for the financial services…
Afcons Infrastructure fixes the price band for its ₹5,430 crore IPO — details here
At the upper price band, Afcons Infrastructure intends to raise ₹5,430 crore, which includes a fresh issue of 2.7 crore shares worth ₹1,250 crore, along with an offer for sale (OFS) component of 9.03 crore shares aggregating to ₹4,180 crore.
Deepak Builders IPO opens today: Should you subscribe to this issue?
Ahead of the issue opening, the company has raised ₹78.01 crore from five institutional investors via the anchor book on October 18.
Gensol Engineering partners with Matrix Gas & Renewables to develop green hydrogen-powered steel facility
Gensol Engineering Share Price | This initiative, a part of the National Green Hydrogen Mission, aims to revolutionise sustainable steel production by using 100% green hydrogen instead of conventional fossil fuels, Gensol Engineering said in a stock exchange filing.
US economy Strong, but politics and geopolitics pose risks for markets, says Ed Yardeni
Ed Yardeni, President of Yardeni Research predicts that the upcoming US elections will be a close race. He warned that if the election results are too close and there is a conflict over who won, it could negatively affect the…
Tata Consumer Products shares fall 9% and are the top Nifty 50 losers; Here’s why
Out of the 29 analysts that have coverage on Tata Consumer Products, 22 of them have a “buy” rating, six say “hold”, while nine have a “sell” recommendation on the stock.
Raymond Lifestyle shares may see a valuation re-rating, says Motilal Oswal; Stock may hit ₹3,200
While Raymond Lifestyle benefits from strong brand affinity, its valuation has been impeded by sluggish execution in the past. However, as the company continues to exhibit a positive growth trajectory, characterised by revenue and profit CAGR of 11% and 15%…