HDFC Bank Shares Rise Nearly 3% As CEO Jagdishan Opts Out Of New Term
HDFC Bank shares rose nearly 3% after Sashidhar Jagdishan chose not to seek reappointment, with brokerages calling it a cleaner…
Section
Category: Markets & IPOs
Stock markets, IPOs, valuations and investor returns.
Shein Hong Kong IPO Draws Modest Interest As Valuation Falls 73%
Shein's Hong Kong IPO drew only 4.66x margin-financing cover at a ~$26.7 billion valuation, down about 73% from its 2022…
FPIs Turn Buyers For 2nd Month, Invest ₹30,919 Crore In August
FPI flows turned positive for a second straight month, with foreign investors buying ₹30,919 crore of Indian equities in August.
Miniso Shares Drop 4% After Earnings Report
Key takeaways Miniso shares drop 4% after the Chinese lifestyle retailer released its latest earnings report. The fall shows that…
NSE IPO Stake Sale: SBI Arm May Sell 1%
Key takeaways NSE IPO stake sale means State Bank of India and one of its investment arms may sell up…
September IPO Rush: Can India See ₹70,000 Crore?
Key takeaways The September IPO rush could bring as much as ₹70,000 crore in new share sales. Reliance Jio and…
Bharat PET IPO Gets SEBI Nod to Raise ₹760 Crore
Key takeaways Bharat PET has received SEBI approval for a public issue of up to ₹760 crore. The approval allows…
Lenskart ₹1,857 Crore Deal: Goldman Sachs, Morgan Stanley Among Buyers
Alpha Wave sold nearly 2.95 crore Lenskart shares at ₹630 in a ₹1,857 crore block deal, absorbed by more than…
ITC Infotech To Acquire Happiest Minds In ₹2,900 Crore Deal: Report
ITC Infotech is set to buy a controlling stake in Happiest Minds from Ashok Soota for about ₹2,900 crore, opening…
PayPal Bid Collapse Sends Shares Down 15%
Key takeaways PayPal shares fell about 15% after reports that Advent and Stripe dropped a possible takeover. The reported offer…