Markets traded on a downward trend on Friday to end lower, pressured by mixed global cues and caution over the Union budget. With all eyes on the Union Budget, analysts expect increased volatility during the special trading session on Sunday and suggest a hedged approach be preferred.In today’s trading, shares of Meesho, Bajaj Auto, Adani […]
State-owned NTPC reported over 8% growth in its consolidated net profit in the quarter ended December to Rs 5,489 crore, compared to Rs 5,063 crore in the same period a year ago. The profits accrue to the owners of the parent company.The company’s revenue from operations in Q3FY26 was Rs 45,846 crore versus Rs 41,369 […]
Meesho’s consolidated net losses for the quarter ended December rose 13 times to Rs 491 crore, compared to a loss of Rs 37 crore in the year-ago period. The December-listed e-commerce company reported a 32% year-on-year increase in revenue in Q3FY26 to Rs 3,518 crore, compared to Rs 2,674 crore in the corresponding quarter of […]
India’s primary market is set for an active week, with four companies looking to raise around Rs 2,066 crore through initial public offerings, led by logistics firm Shadowfax Technologies, even as investor focus remains on upcoming listings such as Bharat Coking Coal and Amagi Media Labs.Investors will be watching a total of seven listings next […]
International brokerage firm Morgan Stanley has floated a note on newly listed Meesho with an Equal-weight rating and a target price of Rs 169 per share, citing full valuations after the stock’s strong run-up post-listing. The price target suggests an upside of around 3% from current levels.The brokerage said valuations look good as Meesho’s advertising […]
High-speed trading platform Zepto has filed draft papers for its initial public offering (IPO) worth $1.3 billion (about Rs 11,682 crore) with market regulator Securities and Exchange Board of India (Sebi), experts said.ET reported on December 25 that the Aadit Palicha-led company is looking to raise around Rs 11,000 crore in fresh capital, with the […]
Indian equity markets may show renewed cheer on the broader side, but the next decisive step will depend on earnings visibility, currency stability and progress in the India-US trade deal, said Ashi Anand, founder and CEO of IME Capital, who believes that in the near term, markets are likely to remain within a certain range […]
Zerodha founder Nithin Kamath has warned traders about one of the most common but overlooked reasons for heavy losses in the markets – poor position sizing – arguing that even being right usually can’t protect investors from a single oversized bet.In a post on “You can be right 60% of the time and still lose […]
Meesho’s sharp rally on Wednesday, following a buy call from UBS, made it the best-performing major IPO in 2025. The stock rose about 20% on the session, taking its gains to nearly 95% from its issue price. Data from Trendlyne shows that for companies that raised more than Rs 5,000 crore this year, the second […]
Vidit Aatrey, a 34-year-old alumnus of the Indian Institute of Technology, Delhi, who started his career in factory operations at ITC and later worked in strategy at InMobi, has joined India’s elite billionaire club. The co-founder and CEO of Meesho Ltd crossed the $1 billion mark on Tuesday after the e-commerce company’s shares rose 13%, […]