Analysts predict significant returns for NTPC, Ather Energy, and Varun Beverages. CLSA projects a 35.4% upside for NTPC, citing continued re-rating. NUVAMA initiates coverage on Ather Energy with a buy rating, anticipating strong growth in the EV sector. HSBC reiterates a buy rating for Varun Beverages, forecasting a 22.6% upside due to attractive valuations and growth potential.
Jio IPO bids hit 70,000 crore on day 1; outpaces NSE, LIC, GIC issues
The initial public offering of Jio Platforms has attracted impressive attention, with an oversubscription of 3.16 times. Institutional investors were particularly keen, subscribing at a