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Emkay values Ethos at 40 times and and 30 times its estimated Earnings Per Share (EPS) for financial year 2027 and 2028 respectively.

Solarworld Energy witnessed overall subscription of 65.01 times the total shares on offer. The IPO received total bids of 52.6 crore shares compared to the 80.83 lakh on offer, according to NSE data.

Seshaasai Technologies’ three-day IPO saw an overall subscription of 68 times in comparison to the total number of shares on offer, according to data on the NSE.

The rise mirrors gains in global bullion prices, where spot gold touched $3,848.65 per ounce, adding nearly 12% in September. This makes it the metal’s strongest monthly performance since August 2011.

At the interbank foreign exchange, the rupee opened at 88.73 against the US dollar before inching up to 88.72, higher by 3 paise from its previous close.

Blue Dart clarified that new customers, who sign up between October 1 and December 31, 2025 will not be impacted by the increase in price.

Jaro Institute’s IPO subscription was led by both institutional and non-institutional investors as their portions were subscribed 35 times the total number of shares reserved for their respective categories.

Brokerage firm Jefferies, in a note on Tata Motors, wrote that while it remains positive on India’s Passenger Vehicle demand, it sees numerous challenges for Jaguar Land Rover (JLR) and remain less convinced about the margin improvement for the Passenger…

As per the bi-annual index reshuffle, InterGlobe Aviation and Max Healthcare will replace IndusInd Bank and Hero MotoCorp on the Nifty 50 index.

Out of the 39 analysts that have coverage on Coforge, 28 of them have a “buy” rating, four say “hold”, while seven have a “sell” rating. CLSA already has a “high-conviction outperform” rating on Coforge’s peer, Persistent Systems.