Mamata Machinery’s shares debut with a strong grey market premium of Rs 260, indicating potential multibagger gains. Despite market volatility, the IPO saw a massive 194 times subscription. Analysts suggest booking profits for conservative investors post-listing, while long-term holders should stay invested. Mamata’s automation solutions and global reach bolster its growth prospects.
Bharti Airtel transfers 69.94% stake in Airtel Payments bank to Airtel Ltd
Bharti Airtel has transferred its entire 69.94 per cent stake in Airtel Payments Bank to wholly-owned subsidiary Airtel Limited, a regulatory filing said on Tuesday.