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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 »
Motilal Oswal reports that despite elevated market valuations, growth outlook remains positive, supporting momentum. Concentrated earnings growth may lead high-growth companies to command premiums, while value sectors might struggle. Continue Reading »
Excellent Wires and Packaging IPO: The initial public issue began on September 11, 2024, and concluded on September 13, 2024. The allotment for the Excellent Wires and Packaging IPO is expected to be out soon as the focus shifts to listing. Here are steps to check allotment Continue Reading »
Edelweiss Mutual Fund's head Radhika Gupta, in a recent social media post, elaborates on her relationship with money, her statement about not being able to buy a fancy car, people's fears and insecurities about saving and spending, and more. Continue Reading »