Anand Rathi initiates coverage on Hindustan Aeronautics Ltd. with a ‘Buy’ recommendation, citing the company’s strong order book, awarding pipeline, and clean balance sheet. The brokerage firm expects the stock to rally 32% and quotes a target price of ₹5,950.
Get the latest update on Aditya Infotech’s initial public offering (IPO) and its first-day subscription trends. Learn about the grey market premium and its implications on the IPO’s success.
Despite a cut in target price, Anant Raj shares remain a ‘Buy’ opportunity, driven by its strong residential segment and data center business growth prospects. Here’s a detailed analysis of the company’s Q1 results and what they mean for investors.
Lenskart’s draft red herring prospectus reveals an unusual disclosure about one of its promoters’ educational qualifications. Find out what it means for the company’s IPO and investors.
Oil prices surge on concerns over potential US sanctions on Russia, as President Trump warns of ‘secondary sanctions’ if Moscow doesn’t reach a ceasefire deal with Ukraine.
Tata Steel Ltd is expected to post a strong set of numbers sequentially as it is set to announce its results for the first quarter of the current financial year on Wednesday. Analysts tracked by Bloomberg expect the steel maker’s net profit to rise to Rs 1,750.8 crore, compared to Rs 1,210.2 crore in the previous quarter.
Piramal Enterprises Ltd. has reported a significant jump in its consolidated net profit for the quarter ended June, with net interest income rising 23% and retail asset under management climbing 37% year-on-year.
Boeing’s efforts to stem its cash outflow show early signs of success as the company delivers more aircraft and reports a smaller-than-expected loss.
Sellowrap Industries IPO, which opened for bidding on Friday, closed for subscription on Tuesday, July 29. The SME issue was subscribed over 65 times on Day 3. Check allotment date, status, and listing date here.
Get the latest updates on the Shree Refrigerations IPO, including the final subscription status, grey market premium, allotment date, and listing date. Learn everything you need to know about this SME issue.