Next week, the primary market will see two new IPOs, including Dr Agarwal’s Health Care and SME segment’s Malpani Pipes And Fittings. Dr Agarwal’s aims to raise up to Rs 3,027.26 crore, while Malpani Pipes targets nearly Rs 26 crore. Additionally, six listings, including Denta Water, which had a massive oversubscription, are expected.
BofA upgrades Swiggy to buy rating, lists 3 reasons why
Bank of America Securities upgraded Swiggy to buy, citing its stronger balance sheet after a major fundraise, rising cash generation in food delivery, and potential