After being 22% risen in the past month, Eicher Motors, the maker of Royal Enfield, was able to collect himself further, said Bank of America Securities. While retaining his purchase call on the shares, the broker has increased the target price to RS 7,500 (from RS 6,300), which implies an upward potential of almost 10%. […]
BSE Managing Director and CEO SundaraMan Ramamurthy says that the Indian economy has a solid growth path, and that stock markets will benefit from a strong domestic participation despite foreign outsourcing. Speaking with ET now, Ramamurthy emphasized that the GDP growth of India in the last quarter is a reflection of rising demand and effective […]
Techd CyberSecurity, supported by selection channel investor Vijay Kedia, is planning to launch his IPO next week. The RS 40 Crore Public Procedus will be opened for a subscription on September 15 and will close on 17 September. The company has established a price band of RS 183-193 per share, where investors can offer on […]
Investors hunger for Adani Ports and Special Economic Zone (Adsez) and JSW Infrastructure (JSWI) remain strong, according to the latest feedback from Jefferies about the ports and the logistics sector. The brokerage noted: “We find investors interested in Adani Ports (Adsez) and JSW Infra (JSWI). Investors appreciate the various assetabasis of Adsez and the expansion […]
Mumbai: The Indian market regulator speeds up the approvals of initial public offers (IPOs) and encourages an already strong pipeline of stock sales that could reach a record this year, according to sources for legal and investment banking. The Securities and Exchange Board of India (Sebi) will try to approve a majority of the IPOs […]
Infosys, one of the leading Information Technology players, witnessed renewed investors’ interests and rose no less than 5% Intraday after announcement that it will consider a share purchasing on Thursday 11 September. But what does this mean for the 26 Lakh shareholders of the company? Firstly, it can be seen whether the company will assume […]
While global investors evaluating emerging markets, India continues to draw attention, although the American tariff risks remain an important point of discussion. In a recent interaction with ET now, the global investor Anurag Singh shared insights into how international funds assess India compared to other emerging markets. When demanding the impact of persistent American tariff […]
Just as Jio InfoComm reaches the scale for a separate IPO list next year, Mukesh Ambani is doubling the disruption. The chairman of the billionaire Reliance Industries LTD (RIL) at the same time builds two massive new verticals around AI and FMCG, each with ambitions to close the existing activities of the conglomerate. Reliance Consumer […]
Shares of Goel Construction made a strong market debut on Tuesday and mentioned on RS 302.50 each on the BSE SME platform, a 15% premium for their issue price of RS 263, before they climb no less than 5% to RS 317.60 in early trade. The offer was largely in accordance with the expectations of […]
Indian Benchmark Indices Sensex and Nifty opened higher on Tuesday, driven by win in Infosys after the number 2 IT service company of the nation said it would weigh a share purchase proposal. Banks and discretionary shares of consumers have also led to optimism on a major reduction of goods and service taxes and increasing […]