Various analysts initiated coverage on LG Electronics, Deepak Fertilisers, Arvind, and Tata Capital with buy or equivalent ratings in the past couple of days. These stocks are expected to return between 15% and 38% as per analysts’ price targets. Deepak Fertilisers Brokerage: Emkay Global Price Target: Rs 2,000 CMP: Rs 1,449 Upside: 38% Market leader…
Mumbai: Big-ticket initial public offerings (IPOs) typically leave investors cold. But 2025 has flipped that script, with larger issues drawing strong demand. The average subscription for IPOs above ₹5,000 crore this year has been around 17.7 times – the highest since 2021 and well above the 8-10 times average of previous years. Among the six…
Synopsis Authum Investment and Infrastructure, Northern Arc, DMI Housing, Kifs Housing Finance and Omkara Asset Reconstruction Company are among others in fray for the asset, said the people cited above. Authum has given an offer of Rs 750 crore, which includes Rs 450 upfront and remaining staggered over two years, while Northern Arc has offered…
ET Intelligence Group: The intensity of investment by foreign portfolio investors (FPIs) in the domestic primary market increased significantly in October amid big-ticket IPOs. They invested $1.2 billion (₹10,708 crore) in the primary market during the month, which was the second-highest amount in the current calendar year after $1.7 (₹14,247 crore) billion investment in July….
Imagine Marketing, the parent of Indian wearables brand boAt, has filed updated documents with the market regulator for a 15-billion-rupee ($170.7 million) initial public offering, months after securing approval for the listing. The company had filed confidentially for an IPO in April, following which it received the regulatory approval in late August. The confidential route…
Tata Capital Ltd, a Tata Group company, made its stock market debut today. The stock opened at Rs 330, showing an intraday gain of Rs 4 (+1.23 per cent), signalling a modest reaction on the first trading day. The company’s initial public offering (IPO) was fully subscribed on Wednesday, the final day of bidding. The…