Today's rally has pushed Indo-MIM's share price 96 per cent above the issue price of Rs 485, nearly doubling investors' wealth who were allotted IPO shares.
Shankesh Jewellers IPO: Analysts hailed its strong customer relations, asset-light business model and reasonable valuations, but flagged the inventory gains-led profitability amid high gold prices.
The ratings agency estimates that an integrated OMC's operating profit would turn negative at around $115 a barrel, assuming no further increase in petrol and diesel retail prices.
Following the earnings announcement, Elara lowered the earnings per share (EPS) estimates by 8 per cent for FY28 as near-term margin pressures persist due to geopolitical tensions.
Horizon Industrial Parks IPO price band is fixed at ₹57 to ₹60 per share. The lot size for an application is 250 shares.
The top AMCs, SBI Mutual Fund, ICICI Prudential Mutual Fund and HDFC Mutual Fund, saw an increase of 2.3 per cent, 3.1 per cent and 3.5 per cent, respectively in the equity value of their funds.
Q1 FY27 has surprised positively at the aggregate level: ex-OMCs, corporate earnings grew around 17 per cent YoY, led by BFSI, metals, technology and autos, said Vinit Bolinjkar.
Analysts say the decline in metal stocks is mainly due to profit-taking by investors. The index is up 15 per cent year-to-date (YTD).
LEAP India share price opened at ₹166 on the BSE, up 4.40 per cent over the issue price. Meanwhile, on the National Stock Exchange (NSE), it listed at a 4.34 per cent gain at ₹165.90.
LEAP India IPO GMP today is ₹13.5 apiece. This means shares of the company are trading at ₹172.5 in the unlisted market, suggesting a listing pop of nearly 8.5 per cent.
After shedding almost up to 5 per cent a day earlier, most Tata group stocks gained. Titan and Tata Investment Corporation remained the top laggards.
Four stocks, namely Trent, Nelco, Tata Investment Corporation and Titan Company, have seen a whopping 1,707 per cent to 1,018 per cent rise in almost 9.5 years.
Strong industry outlook, robust order book and customer base, along with scope for improved profitability, make analysts bullish on Behari Lal Engineering IPO.
DSP Mutual Fund said that despite their long-term earnings trajectory and current trailing valuations, there is room for SMIDs to underperform before they present broad investment opportunities.
Most of the group stocks traded with cuts of up to 4 per cent following the report. Crown jewel Tata Consultancy Services (TCS) was the top loser with a 4.12 per cent decline.
Swastika said Shiprocket IPO is best suited for high-risk, growth-oriented portfolios with a 2-3-year horizon rather than conservative value investors.
Sebi's annual report for financial year 2025-26 (FY26) shows that 198 schemes delivered 10 per cent-plus gains in the last fiscal year, as against 304 in FY25 and a whopping 822 in FY24.
Brooklyn-based US District Judge Nicholas Garaufis dismissed conspiracy, securities and wire fraud charges brought against them in a late-night order, marking an end to Adani's US legal troubles.
SBI Share: Analysts largely maintained bullish views on SBI shares following the Q1 results, foreseeing a 22 per cent upside from last closing price.
Emkay retained a 'Sell' call on Ola's stock with a target price of Rs 30 (down 26.8 per cent from last close) and opted to play the E-2W theme via Ather and TVS.