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Osel Devices IPO: The issue that opened for subscription on on September 16, 2024, closes on 19 September. Here is the subscription status, GMP, key dates, all you need to know. Continue Reading »
The brokerage anticipates a sequential improvement in the second quarter of fiscal 2025 following a lackluster first quarter, driven by enhanced advertising revenue, which has been trailing behind pre-COVID levels. Continue Reading »
The IPO received bids for 798,600 shares out of the 1,876,800 shares on offer, resulting in a subscription rate of 0.43 times. The company aims to raise ₹55.98 crore through this IPO, which consists entirely of a fresh issue of 2.799 million shares. Continue Reading »
Gravita India Ltd's shares hit a 52-week high of ₹2,660 due to new GST regulations and stricter environmental compliance. These changes are expected to formalize the recycling market, benefitting organized players like Gravita, which anticipates over 25% volume growth for FY25. Continue Reading »
Stock Check: Nuvama Institutional Equities retains a 'buy' rating on Kajaria Ceramics, raising the target price to ₹1,754. The brokerage anticipates 10–12% volume growth in FY25E, driven by real estate recovery, with projected revenues of ₹6.75 billion from bathware by FY27. Continue Reading »