Paradeep Parivahan IPO was subscribed 1.5 times, mainly due to retail investors. Share allotment will be finalized today, and investors can check status via BSE or Bigshare Services websites. The company plans to raise Rs 45 crore for working capital by selling 45.78 lakh shares at Rs 98 each. Paradeep Parivahan provides port-related services at Paradip Port, Odisha.
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