Swiggy Makes a Market Debut Shares Surge 19%
Swiggy made a spectacular debut on the stock market, with its shares surging 19% on the first trading day, taking its market cap to approximately ₹1.04 lakh crore. The IPO,…
Jefferies Boosts Sunteck Realty Target Post Strong Q2 Results
Jefferies has upgraded its target price for Sunteck Realty following its strong Q2 performance for FY2024. The global brokerage firm raised its target from ₹565 to ₹690, maintaining a ‘Buy’…
Reliance Industries Plans 2025 IPO for Jio, Valued $100 Billion
Mukesh Ambani, chairman of Reliance Industries, is reportedly aiming to list Jio, his telecommunications company, in Mumbai by 2025. This IPO, projected at over $100 billion by analysts, is part…
Jabil Expands in India to Support Apple Production
Jabil, a key supplier for Apple, is investing $275 million to establish two new facilities in India. This expansion aims to support Apple’s growing demand for local production, aligning with…
Waaree Energies IPO Details:Current Status on October 25, 2024
IPO Date: Open October 21, 2024 – Closed October 23, 2024 Issue Price: ₹1,427 – ₹1,503 per share Fund Raised: ₹4,321.44 crore Components: ₹3,600 crore (fresh issue) + ₹721.44 crore…
Tata Power & JSW Energy Get Buy Call from Nomura
Nomura has issued a “buy” call on Tata Power and JSW Energy, citing a positive outlook for both companies. They forecast an upside of up to 32% based on key…
Transformers and Rectifiers Bags Rs 565 Crore from PGCI
Transformers and Rectifiers (India) Ltd. announced securing a major order worth Rs 565 crore from Power Grid Corporation of India, boosting its shares by 5 percent during trading on October…
HDFC Bank Approves IPO for HDB Financial Services: $7–8 Billion
IPO size: The IPO is expected to raise a total of Rs 4,000 crore, with Rs 2,500 crore coming from a fresh equity issuance and the remaining Rs 1,500 crore…
Suzlon Breaks Records with India’s Largest Wind Energy Order
Suzlon has secured India’s largest wind energy order, a 1,166 MW project from NTPC Green Energy Ltd (NGEL), marking a major milestone in the country’s renewable energy sector. This project…
NTPC Green Energy Files for ₹10,000 Crore IPO
NTPC Green Energy, the renewable energy subsidiary of NTPC Limited, has filed draft papers with SEBI to raise approximately ₹10,000 crore through an IPO. The offering will consist entirely of…