Ipca Laboratories Share Price | Nomura, in its brokerage note, said that its positive view on Ipca Laboratories stock is based on consistent outperformance in the domestic formulation market. The brokerage added that the company’s domestic formulation business attracts higher…
Record date for the said corporate action is yet to be determined.
The three-day IPO of Arkade Developers worth ₹410 crore, received overall subscription of over 113 times the shares on offer.
Analysts noted that the company’s 71.97% of revenue comes from its top 10 customers, which highlights a risk of high customer concentration that the company aims to mitigate through diversification and enhanced relationships.
Analysts believes the market could give Northern Arc Capital a premium multiple towards its leadership position, resulting in delivering healthy post listing gains also.
All 15 stocks on the Nifty Metal index are currently trading with gains.
Geoffrey Garrett, Dean of USC Marshall School of Business, said Apple’s investments signal that India is now a major investment destination..
Available data shows that SBI Mutual Fund bought 3.72 lakh shares of the company, or 2.29% of its outstanding equity through block deals on Monday.
L&T Share Price | L&T classifies orders in the ₹10,000 crore to ₹15,000 crore range as ‘mega’ orders. The company said the orders are for expanding and strengthening the electricity grids at high voltage levels.
HSBC said the IIFL Finance stock has already risen about 65-70% since its lows in March 2024, suggesting that current valuations already reflect many positive factors.