Latest Updates Around The World
Morgan Stanley and Goldman Sachs acquired shares in small-cap multibagger Ather Energy in separate block deals on Wednesday, with the National Investment and Infrastructure Fund (NIIF) emerging as the seller. NIIF has sold over 33.78 lakh shares in transactions worth around Rs 233 crore.Other buyers of the electric two-wheeler maker included Tata Mutual Fund, Aditya […]
Shares of Groww parent Billionbrains Garage Ventures rose as much as 9.5% to Rs 175.60 on the BSE on Wednesday, riding a wave of optimism following the upcoming index inclusion and the launch of its emergency trading platform, Groww Lite. Since its IPO, the stock has skyrocketed 75.6% from its issue price of Rs 100, […]
Tomorrow there will be three IPOs with very different business models, and the question for investors is which IPO has the greatest potential on trading day? Based on gray market premium trends (GMP), Meesho leads with 38%, followed by Aequs with 28%, while Vidya Wires lags behind with 8%. GMP is not a guarantee, but […]
Tenneco Clean Air India reported a 10% jump in consolidated net profit to Rs 150 crore in the quarter ended September, compared to Rs 137 crore in the same period a year ago. Operating income from operations stood at Rs 1,281 crore, up nearly 10% from Rs 1,169 crore in the corresponding quarter of the […]
The outsized gains of the past from Indian IPOs will fade in 2025 as investors become more discerning in what remains one of the hottest IPO markets in the world. The average return for stocks one month after listing has shrunk to 2.9% this year, compared with 22% last year and 25% in 2023, according […]
