Manappuram Finance surged 17% in a month as Bain Capital’s Rs 4,385 crore investment boosts governance and growth prospects. Analysts upgrade stock, expecting expansion in gold loans, mortgages, and vehicle financing despite competition and asset quality concerns. Regulatory approvals pending.
Ather Energy IPO to open for subscription as GMP stays weak. Should you bid?
Ather Energy’s IPO opens today, aiming to raise ₹2,981 crore through fresh equity and an offer for sale, where promoters and investors like Tiger Global