While analysts remain mixed on how the government’s largest-ever IPO would perform on Dalal Street, they expect the issue to sail through as the markets have staged strong recovery from March lows.
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Morgan Stanley Sees 20% Upside For RIL Due To Hydrogen Boost
Morgan Stanley Reiterates ‘Overweight/In-Line’ on the stock and raises target to Rs 3,253 from Rs 2,926; an implied return of 19.66%. Emergence of bigger, newer markets …
Infosys, TCS End Year With Record Hiring And Record Attrition
India’s top two software services companies each added more employees on a net basis in the January to March quarter than they often have in past full years. Ironically, the employee churn numbers are also at their highest ever.
Ruchi Soya Shares Tumble [06-04-2022]
Shares of Ruchi Soya Industries fell over 18%, the steepest decline in over two weeks to Rs 765.95 apiece.
Nirmal Bang Expects Film Exhibition Sector To Witness Strong Recovery In FY2022-23 [06-04-2022]
Shares of PVR and Inox Leisure rose 48% and 50% in Q4, due to opening up after the third way, strong response to content and proposed …
Adani Enterprises’ Subsidiary Acquires Minority Stake In Israeli
Adani Enterprises’ Subsidiary Acquires Minority Stake In Israeli Robotics Firm Forsight Robotics For Nearly Rs 151 crore
Adani Global, a wholly owned subsidiary of Adani Enterprises has bought minority stake by way of newly issued shares of Israeli firm Forsight Robotics for $20 million (nearly Rs 151 crore)
BSE Invites Applications For New CEO
BSE, Asia’s oldest stock exchange, invited applications for a new managing director and CEO.