Regaal Resources made a stellar debut, listing with a 39% premium after its IPO was oversubscribed 150 times. The company’s strong financial performance, with a 53% revenue increase and doubled profits, fueled investor interest. The maize starch manufacturer’s IPO saw robust demand across all investor categories.
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