Page 30 - Stock Market

Motilal Oswal sector of the week: IT services; check stock picks, targets

Growth trends across the India IT sector continue to diverge. While Tier-I companies are likely to post flat to marginal constant currency revenue movement, mid-tier firms are expected to outperform.

Anthem Biosciences IPO subscribed 73 pc on Day 1 of offer

The initial public offer of Anthem Biosciences Ltd got subscribed 73 per cent on the first day of share sale on Monday. The initial share sale received bids for 3,21,13,406 shares against 4,40,70,682 shares on offer, according to NSE data. Non-institutional Investors category garnered 1.55 times subscription, while the quota for Retail Individual Investors (RIIs) got subscribed 58 per cent. The portion for Qualified Institutional Buyers (QIBs) received 37 per cent subscription. Anthem Biosciences has raised Rs 1,016 crore from anchor investors. The Rs 3,395-crore IPO of the Bengaluru-based firm will close on July 16. The price band has been fixed at Rs 540-570 per share. Since the IPO is entirely an offer-for-sale (OFS), the company will not receive any funds from the issue, and the proceeds will go to the selling shareholders. Anthem is into innovation-driven and technology-focused Contract Research, Development and Manufacturing Organization (CRDMO) with fully integrated operat

Landmark Cars stock jumps 6% as B&K Sec initiates coverage, 60% upside seen

B&K Securities initiated coverage on Landmark Cars with a 'Buy' rating and a target price of ₹820 per share

Castrol India shares climb 4% after resolving ₹4,131-crore sales tax case

At 10:25 AM, Castrol India shares were trading at ₹228.20, up by 3.78 per cent on the National Stock Exchange.

Asston Pharmaceuticals IPO booked 173x; check allotment, GMP, listing date

Asston Pharmaceuticals IPO allotment status: Investors can check their status on the official websites of BSE and Maashitla Securities

NSE, BSE shares drop amid declining trading volumes, regulatory concerns

Shares of Indian stock exchanges NSE and BSE slump this week amid regulatory scrutiny over high-frequency trading and concerns over declining trading turnover

Anthem Biosciences' ₹3,395-cr IPO opens today: GMP at 17%, should you bid?

Anthem Biosciences IPO: The company has raised ₹1,016 crore from anchor investors ahead of its public issue

JSW Infra, Rallis India among top stock picks for today; Check target here

Stocks to buy: Analyst at Angel One recommends JSW Infra, Rallis India and one other stock; Check target price, stop loss here

Xi Jinping's price-war campaign creates a buzz in China's stock market

Investors are hopeful that a more coordinated policy response to tackle the drivers of deflation is on its way, though Beijing hasn't yet released any plan

Near-term upsides from deal with AbbVie may be priced in Glenmark's stock

Glenmark's $700 million deal with AbbVie for ISB-2001 could unlock significant upside, though analysts note the potential is already priced in, with stock surging post-announcement

This fertiliser stock jumps 4% on strong Q1 performance; key details here

Madhya Bharat Agro share price was trading 1 per cent higher at ₹422.45 compared to Thursday's close of ₹418.15

Sensex drops 600 pts, Nifty below 25,200; 3 reasons behind market fall

Broader markets were also trading in red. The Nifty Midcap 100 was trading at 58,749, down by 0.69 per cent.

JP Morgan backs Vedanta after Viceroy report, says "not getting distracted"

Analysts at JP Morgan believe Vedanta is cheap within the Asian and emerging market (EM) metals and mining space

Q1 results: DMart among 14 to release earnings report on July 11; full list

Q1 FY26 company results, July 11: 14 companies will be releasing their performance reports for the April-June quarter today

F&O Cues: Analyst suggests 'Bull Spread' on Bank Nifty, PFC; check details

F&O strategy: Primary trend of the Bank Nifty remains positive as it is placed above its 50 and 100 day EMA

Equity cult in Bihar: State now has 10th highest investor base, shows data

This is the sharpest surge recorded across states during this period, and reflects a compound annual growth rate (CAGR) of 48.8 per cent

Monica Alcobev IPO opens on July 16: Here's all you need to know

Monica Alcobev plans to use the net fresh issue proceeds for working capital requirements, repayment of debt and general corporate purposes

Retail investors drive demand for Asston Pharmaceuticals IPO; GMP at 24%

Asston Pharmaceutical IPO was oversubscribed by 6.26 times, receiving bids for 10 million shares against 1.6 million shares on offer.

Glen Industries IPO Day 3 update: Subscription rises 41x, GMP at 36%

The unlisted shares of Glen Industries were trading at ₹132, commanding a GMP of ₹35 or 36.08 per cent compared to the upper end of the price band of ₹92 to ₹97

Happy Square Outsourcing makes flat D-street debut, lists at ₹77 on NSE SME

After the listing, shares of Happy Square Outsourcing were trading at ₹80.85, up 5 per cent from the opening price