IPO Details: The IPO is closed now (July 9th, 2024) and expected to list on July 12th on the NSE SME platform. IPO Type: SME IPO Issue Size: ₹125.23 Crore Issue Period: July 5th, 2024 – July 9th, 2024 (Closed) Allotment Expected: Today, July 10th, 2024 (tentative) Listing Expected: July […]

Show drafts Ola Electric has a strong chance of becoming a dominant player in the electric two-wheeler (e2W) market in India, similar to Maruti Suzuki’s position in petrol vehicles. Market Leadership: Ola Electric currently leads the e2W market share in India with almost half the sales in Q1 FY 2024-25. […]

Opening: Sensex and Nifty opened positively despite expectations of volatility. Sensex :Up 169.52 points to 80,129.90 Nifty    : Up 43.25 points to 24,363.80 Market Analysis: Focus shifting towards upcoming earnings reports from Indian companies. Analysts predict a flat to slightly positive earnings growth for Q1 FY25. Key sectors like […]

Market Performance: Both Sensex and Nifty opened slightly negative on Monday, July 8th, 2024, despite recent record highs. The Sensex fell 152.55 points and the Nifty dropped 29.90 points compared to their previous closing. Reasons for the Dip: Analysts point towards concerns about high valuations and awaiting cues like the […]

Revenue growth projection: 22-23% YoY for the consolidated entity. GMV growth projection: Mid-twenties YoY overall, with Beauty exceeding consolidated growth at high twenties YoY and Fashion trailing at mid-teens YoY. Reason for slower physical retail growth: Elections and heatwaves in North India. New segmental reporting: Beauty and Fashion segments with […]