NTPC Green Energy IPO likely in early November

The company plans to conduct roadshows in various locations across India and abroad, including Mumbai, London, US, Singapore, and other regions, to attract investments.

The company plans to conduct roadshows in various locations across India and abroad, including Mumbai, London, US, Singapore, and other regions, to attract investments.

Jay Kale, Executive Vice President at Elara Securities pointed out that legacy players like Bajaj Auto and TVS Motors are ramping up their electric vehicle (EV) plans and distribution networks, putting pressure on new entrants like Aether and Ola Electric.

Until closing on Friday, the PSU Bank index has declined 17% from the high of 8,006, which it had hit on June 3. Since then, the PSU Bank index had shed over ₹3.5 lakh crore in market capitalisation.

The target price-to-earnings (PE) ratio remains at 37 times, broadly in-line with the company’s historical 5-year average.

The Head of India Consumer Research at JPMorgan believes the earnings downgrade cycle for the FMCG sector is largely behind and data suggests earnings upgrades may begin in the coming months.

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Aster DM Healthcare is investing ₹220 crore in Hyderabad’s largest Women & Children’s Hospital, set to open by mid-2026, offering specialised obstetrics, gynaecological, neonatal, and paediatric care.

NBCC shares also remain in focus ahead of the record date for its 1:2 bonus issue.

Kenneth Andrade of Old Bridge Capital Management, which manages over $1 billion in funds, prefers the services sector, as companies in this space possess the required skills and are well-positioned to succeed in the international market.

Northern Arc Capital received an overwhelming response from investors, with the issue getting subscribed 110.91 times by the final day of subscription.