Latest Updates Around The World
Jain Resource Recycling, Granules India and Shadowfax Technologies are among the companies that analysts have recently started covering with buy ratings. Based on their price targets, these stocks are expected to return between 25% and 41%.Recycling of Jain resources BAKERY: Motilal Oswal Financial Services Price Target: Rs 520 CMP: Rs 414 Upside: 25% Positioned for […]
Indian dairy maker Milky Mist will go ahead with its planned initial public offering this year despite volatile markets, its CEO said. He added that the company expects to maintain annual revenue growth of about 30%.The Tamil Nadu-based company received regulatory approval for an initial public offering worth 20.35 billion rupees ($223.72 million) in October […]
Dalal Street is entering a busy phase of the IPO lock-in expiration, with a significant portion of pre-listing restrictions on shareholders set to be lifted in the next three months. According to estimates from Nuvama Alternative & Quantitative Research, as many as 85 companies will see their lock-ins expire between February 16 and May 27, […]
Shadowfax Technologies’ initial public offering (IPO) worth Rs 1,907 crore reached its third and final day of bidding on Thursday. In the gray market, the premium (GMP) – an unofficial measure of pre-listing demand – has risen steadilyThe GMP has fallen to around 1%, down from 12% a few days ago. Based on this current […]
