Citichem India’s IPO allotment is expected to be finalized today, with shares distributed via lottery. The IPO received a subscription of 384 times, with shares likely to list on January 3 on the BSE SME platform. The company raised Rs 13 crore through the sale of 18 lakh shares.
Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why
Motilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the prevailing