The ₹22,562-crore IPO received bids for 50.58 crore shares against 8.86 crore shares on offer, resulting in an overall subscription of 5.71 times.
Stocks to buy today: The overall setup remains constructive, and MCX appears poised for the next leg of up move and potential new highs, says Ajit Mishra of Religare Broking.
The National Stock Exchange's ₹22,600 crore IPO was subscribed 5.7 times, but subdued retail demand and a 2-3 per cent grey-market premium point to a modest debut
The Nifty closed in the green above the falling channel on Wednesday indicating signs of a trend reversal, says Jatin Gedia of Teji Mandi. The analyst is bullish on Indus Towers and South Indian Bank.
Existing shareholders Pramod Bhasin and Anil Chawla, who hold a 15 per cent stake, have mounted an employee-backed buyout for Aion Capital's 85 per cent stake, challenging Protium Finance's bid
Sebi chairman says banks and capital markets are complementary, while the regulator looks at margins and longer-term products to make derivatives trading more balanced
MSE will admit NSE shares under the 'permitted to trade' category from September 24, a move industry experts say could help bring additional volumes to the exchange
Nifty 50 hits two-week high as crude softens on US-Iran diplomacy hopes
Volume recovery, port capacity expansion and diversification into logistics and marine services could support growth, stock trades at around 23 times FY28 earning
Markets regulator will also review ICDR norms, including price bands and advertising requirements, as it seeks to simplify processes and lower public issue costs
The initial public offering of Hero Motors received bids for 58.97 crore shares as against 8.86 crore shares on offer. The issue was subscribed 6.66 times.
Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap rose 0.7 per cent and 0.89 per cent, respectively
Manipal Payment bounced back 26% from its listing day low, while Asset Reconstruction Company (India) recovered 23% on the BSE.
Analysts flag that over the years the market closed the valuation gap built for double-digit growth in these FMCG stocks, as earnings remained muted owing to tepid volume growth and high inflation.
The brokerage attributed OINL's stronger stock performance in part to the broader preference for mid-cap stocks over large-caps.
Pearl Global announced the commissioning of its new manufacturing facility in Bangladesh with an annual capacity of 7 million garment pieces.
Man Industries management believes it is well poised to grow at a 22-25% CAGR over the next 3-4 years, with margin expansion of 150-200 basis points over the same period.
Analysts at Motilal Oswal say, steel industry pricing discipline will remain vital for margin sustenance, as the impact of current cost inflation is likely to become evident with a lag in H2FY27.
Share price of Ola Electric Mobility surged 86% from its 52-week low of ₹22.25 hit in March 2026.
Most analysts are neutral on the Swastik Infra IPO as heavy dependence on government projects and customer concentration call for a 'wait and watch' mode for some time before investing.