India's largest asset manager by QAAUM ended its market debut at a modest premium, below market expectations, after its Rs 9,813 crore IPO was subscribed 41.6 times
The framework will also lay down operational modalities for permitting promoters to tender shares in buybacks conducted through the tender offer route
OEM revenue is expected to rise 22-29 per cent in Q1FY27, led by strong vehicle demand, exports and premiumisation, while higher input and freight costs are likely to squeeze margins
The company has also raised around Rs 5.75 crore from non-promoter entities through a preferential issue and converted debt of Rs 7.16 crore from NARCL into equity
Funds will be used to modernise Manufacturing Facility I, procure machinery for Manufacturing Facility II, and secure equipment for Power EPC projects
Bandhan AMC CIO Manish Gunwani says India's macro fundamentals remain strong, with financials, insurance and real estate best placed to drive FY27 earnings growth
Quarterly results, geopolitical developments in West Asia, crude oil prices, monsoon progress and foreign investor activity are expected to drive market sentiment this week
Dolat Capital initiated coverage of the National Stock Exchange with a 'sell' recommendation, citing regulatory headwinds and high valuations ahead of the bourse's planned IPO
Heavy selling in AI-related shares and escalating conflict in West Asia pushed Asian markets lower while lifting oil prices
HDFC Bank Q1 result preview: Q1 could be a mixed quarter for the lender, with analysts expecting flat NIMs. Asset quality is likely to remain steady, while loan growth may stay in double digits
Tractor sales, the JM Financial study said, were most sensitive to El Nino conditions, recording weaker sales growth during the La Niña period, which is associated with excess rainfall.
Adani Enterprises, JSW Infra attract highest MF investments
Technical analysts believe that the Nifty is showing mixed signals on the short-term chart amid the renewed US-Iran war worries and high oil prices. Here are the key levels to watch out for.
Biocon shares climbed 6.5 per cent after reports of Viatris unit Mylan's planned stake sale, with analysts saying the move is a financial decision that removes a long-standing overhang
Besides, monsoon trend, inflation data and trading activity of foreign investors will also be closely watched by market participants
The Nifty Metal index surged 2.5% led by Hindalco, NALCO and Hindustan Copper as aluminium prices rose over 5% from recent lows in July.
Market regulator alleges coordinated trades and misleading disclosures fuelled an unjustified surge in Osiajee Texfab's share price
Indian equities posted their biggest decline in over three months as escalating US-Iran tensions lifted crude oil prices, triggering concerns over inflation and economic stability
The data shows a rebound in the investor interest despite the global uncertainty
Market timing is a mirage. Nobody can repeatedly know when the market will fall, when the danger has passed, and when it is safe to return