VMS TMT IPO Listing: Shares debut at a premium of 6% to issue price
The IPO of VMS TMT garnered a whopping 102.26 times subscription on the closing day of share sale, driven by strong investors’ participation.
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BMW Ventures IPO opens for subscription: Check GMP, price band and other details
BMW Ventures aims to raise ₹231.66 crore via the IPO of 2.34 crore equity shares, which is an entirely fresh issue.
VIP Industries shares in focus after MD Neetu Kashiramka resigns, board approves successor
In March 2024, Kashiramka had spoken to CNBC-TV18, outlining VIP Industries’ ambitious plans. She said that the aspiration is to take the company’s market share to 45% in the next three to to five years.
Motilal Oswal sees 52% bull-case upside in newly listed realty stock
Backed by best-in-class execution, Lotus Developers is expected to deliver operating margins above 40% and net profit margins exceeding 35%.
Swiggy shares in focus after Rapido stake sale to fetch nearly ₹2,500 crore
On Monday, brokerage firm JM Financial downgraded the Swiggy stock to “reduce” from “hold” and marginally trimmed its target price to ₹420 apiece, saying the company’s balance sheet remained a cause of concern and required remedial measures.
HSBC upgrades India eight months after downgrade, sets Sensex target at 94,000
In stark contrast to the crowded trades in Korea and Taiwan, India is Asia’s quiet corner, HSBC wrote in its note, adding that although foreign funds have significantly withdrawn from the market over the last 12 months, domestic investors have…
Jain Resource Recycling IPO worth ₹1,250 crore opens today: Should you bid?
The scrap recycling company raised ₹562.5 crore from global and domestic institutional investors via the anchor book. Participants included marquee names such as Goldman Sachs, Abu Dhabi Investment Authority, Optimix Wholesale Global Emerging Markets Share Trust, BNP Paribas, Societe Generale,…
EPack Prefab Technologies IPO kicks-off: Should you subscribe to it?
EPack Prefab Technologies provides Pre-Engineered Building (PEB) solutions, covering design, fabrication, and installation for industries across commercial, industrial, and institutional sectors.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty indicates negative start after Trump’s comments on Russian oil
Sensex Today | Stock Market LIVE Updates: The Nifty, 25,200 – 25,300 continues to remain the resistance range, while the index continues to find support at the 25,150 mark.The Nifty Bank, having closed above the 55,500 mark, will again aim…
Micron gives solid forecast after AI boosts memory demand
Micron said it expects the supply of memory chips to remain tight into next year. Demand for data centre equipment is stretching the ability of companies to keep up with orders. AI-related business is also fueling demand for storage chips,…