Sebi has tightened SME IPO rules, enforcing profitability criteria, capping offer-for-sale, increasing promoter lock-in, and limiting fund usage. The move aims to enhance investor protection, curb speculation, and ensure market credibility.
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