Apart from the subscription figures, investor interest in the grey market remains lukewarm. The grey market premium (GMP) currently stands at Rs 5, indicating an expected listing premium of around 5 per cent and an estimated profit of approximately Rs 710 per lot of 142 shares. Source link
Brokerage firm Investec has initiated coverage on Seshaasai Technologies Ltd., a payment solutions provider on Tuesday, July 14, with a “buy” recommendation and a price target of ₹430. This is the first “buy” recommendation for Seshaasai Technologies since its listing back in September 2025. In fact, this is the first coverage that the stock has…
Shares of OneSource Specialty Pharma Ltd. fell after the company announced a strategic manufacturing partnership with Germany-based biosimilar developer Formycon AG to manufacture biosimilars for global markets. In an exchange filing on Tuesday, July 14, the company said it will serve as a strategic manufacturing partner for Formycon, providing integrated drug substance (DS) and drug…
Shares of Saatvik Green Energy Ltd. gained more than 7% on Tuesday, July 14, after brokerage firm Motilal Oswal initiated coverage on the stock with a ‘Buy’ rating and a target price of ₹565 per share, implying an upside of around 26% from current levels. For its bull case, Motilal Oswal has a price target…
Namit Singh Sengar is a Chief Copy Editor with over seven years of experience in delivering content across diverse domains. Specialising in business news across personal finance, real estate, IPOs and markets, Namit brings an editorial eye and a deep understanding of complex subjects to his work. His educational foundation includes Post Graduate Diploma in…
HCL Technologies reported 20.3 per cent year-on-year growth in its net profit to Rs 4,624 crore in the first quarter of the financial year 2026-27. The profit after tax (PAT) stood at Rs 3,843 crore in the same quarter of the previous financial year. The IT major retained its revenue growth guidance at 1-4 per…
Namit Singh Sengar is a Chief Copy Editor with over seven years of experience in delivering content across diverse domains. Specialising in business news across personal finance, real estate, IPOs and markets, Namit brings an editorial eye and a deep understanding of complex subjects to his work. His educational foundation includes Post Graduate Diploma in…
In the previous trading session, Tata Consultancy Services Ltd surged to a closing price of 2181.5, marking a strong gain of 5.44%. HCL Technologies Ltd advanced 4.91% to close at 1221.2, while Tech Mahindra Ltd rose 3.42% to 1504.5. Infosys Ltd and Bajaj Auto Ltd also performed well, closing at 1102.6 and 10381, with gains…
Daksh Grover is a journalist who enjoys exploring the world of business and finance, with a particular focus on markets, commodities, and corporate developments. Over the past few years, Daksh has worked in fast-paced newsroom environments where accuracy and speed go hand-in-hand. Whether it’s breaking updates, market trends, or in-depth analytical pieces, he has gained…
Daksh Grover is a journalist who enjoys exploring the world of business and finance, with a particular focus on markets, commodities, and corporate developments. Over the past few years, Daksh has worked in fast-paced newsroom environments where accuracy and speed go hand-in-hand. Whether it’s breaking updates, market trends, or in-depth analytical pieces, he has gained…
