Aether Industries’ IPO, which closed on May 26, was the last issue of 2022. Between January and May this year, 16 companies including LIC raised ₹40,310 crore compared to ₹1.19 lakh crore raised by 63 companies in 2021.
Nilesh Shah of Kotak AMC has advised people not to try to predict the market, stating that more often than not, they will be wrong.
As all major companies have already announced their Q4 results, brokerage firm Motilal Oswal has upgraded and downgraded the estimated FY24 earnings of several stocks.
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