Kumar Gaurav

Analysts said the impact of a weak monsoon would depend more on the distribution of rainfall across key agricultural regions rather than the overall national rainfall figure.

While analysts acknowledged healthy margin expansion and improving management commentary, they said sustained deal wins and stronger execution remain key to a meaningful re-rating

Analysts attributed the fall in retail participation to heightened market volatility, geopolitical and macroeconomic uncertainties, and rich IPO valuations that reduced the scope for listing gains

The anchor book witnessed participation from marquee institutional investors, including GIC, Abu Dhabi Investment Authority, BlackRock, Fidelity Management, Goldman Sachs among others

SBI Funds Management IPO opens on July 14: Here's how brokerages view its valuation, growth prospects, profitability, and subscription potential

India-focused funds have borne the brunt of the recent selling, with $7 billion redeemed from long-only funds and another $2 billion from exchange-traded funds (ETFs) so far this year

SBI Funds Management's IPO price band of ₹545 to ₹574 implies a price-to-earnings (P/E) multiple of 36 to 38 times FY26 earnings, based on an earnings per share (EPS) of ₹15.08

As of the date of the RHP, SBI held 1.26 billion equity shares of face value ₹1 each, representing a 61.86 per cent stake in SBI Funds Management

Laser Power & Infra IPO comprises a fresh issue of 25.3 million equity shares aggregating to ₹542 crore and an offer for sale (OFS) of up to 9.3 million shares worth ₹200 crore

Automobile, and fast-moving consumer goods (FMCG) companies are expected to post a mixed performance in the first quarter of FY27, with healthy demand offset by margin pressure from higher input costs

The listing will see NSE join the BSE, and Multi Commodity Exchange of India (MCX), both of which are already publicly traded, bringing all three major exchange operators onto Dalal Street

The July 7 listings will surpass the previous highest single-day tally recorded on June 24, when 4 SME companies made their market debut after collectively raising ₹252.55 crore

Buying interest extended to broader markets as well, with the Nifty Midcap 100 and Nifty Smallcap 100 indices settled higher by 0.45 per cent and 0.75 per cent, respectively

Aastha Spintex ipo listing: The cotton yarn and cotton bales manufacturer and trader debuted at ₹130 per share on both the BSE and NSE, down ₹6 or 4.41 per cent from its issue price of ₹136 per share

VK Vijayakumar of Geojit Investments, said India's relative outperformance continues to be aided by weakness in the KOSPI and the broader weakness in the global chip trade.

In India, CG Power, and Kaynes Technology, through CG Semi and Kaynes Semicon, are the two listed companies with direct exposure to semiconductor manufacturing

MOFSL has Buy ratings on Lodha Developers, DLF, Godrej Properties, and AB Real Estate, while it has a Neutral rating on Oberoi Realty

Stock to Watch today, July 3: Hindustan Zinc, Bajaj Housing Finance, LG Electronics India, PB Fintech, and Titagarh Rail Systems are among the top stocks to remain in focus today

Despite Wednesday's gains, the stock continues to trade nearly 9 per cent below its IPO price, though it is about 8 per cent higher than its listing-day low on the NSE

Analysts believe that IPO activity will depend on improving secondary market sentiment, stable macroeconomic conditions, and continued domestic liquidity