Midwest shares list at 9% premium, in-line with IPO GMP estimates

Midwest IPO Listing: Proceeds from the issue will be used to fund capital expenditure for the company and its subsidiary, repay loans, and for general corporate purposes.

Midwest IPO Listing: Proceeds from the issue will be used to fund capital expenditure for the company and its subsidiary, repay loans, and for general corporate purposes.

Of the 33 analysts that have coverage on Colgate-Palmolive (India), 10 have a “buy” rating, 11 have a “hold” rating and 12 have a “sell” rating.

Brokerage firm Nuvama Institutional Equities believes Cipla, with its strong field force and distribution network, could clock FY26/FY27 sales of ₹360-370 crore while gaining a lead in the semaglutide opportunity.

Defence analyst Jyoti Gupta of Nirmal Bang expects Larsen & Toubro (L&T) and Cochin Shipyard to be key beneficiaries from the Defence Acquisition Council’s ₹79,000 crore approvals, particularly the landing platform dock projects.

The Indian financial sector has witnessed deals worth over $7 billion in the ongoing financial year, so far, with the latest one being the investment by a Blackstone-affiliate in private sector lender Federal Bank. The deal follows a host of…

The rupee appreciated 5 paise to close at 87.88 against the US dollar on Thursday (October 23).

L&T said it has won an order from Hindalco, another one from Tata Steel and other multiple orders from several clients across India for mining and material handling equipment.

Billionaire investor Ray Dalio believes global sanctions and geopolitical tensions are eroding confidence in fiat currencies, creating a structural case for higher gold prices.

Subject to approval of shareholders of the bank, Blackstone will receive a special right to nominate one non-executive director of the board upon exercise of all the warrants, and subject to holding at least 5% of the total paid-up share…

It was another quarterly loss for Sagar Cements for the September period. However, the loss of ₹44.2 crore was narrower in comparison to the loss of ₹57 crore it reported during the same quarter last year.