Oyo secures board nod to file for IPO with stronger financial outlook: Sources

August 29, 2025

Oyo has received board approval to pursue a fresh IPO filing, highlighting improved Q1 results and FY25 EBITDA of ₹1,100 crore. Bankers project a $7–8 billion valuation, supported by growth in India, US, and emerging markets.

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PSU bank stocks soar up to 8%, but HDFC, Axis and other private lenders fall up to 5% after Q2 results. Why the sharp divide?

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PNB shares jump 8% after Q2 results beat estimates; Jefferies, Motilal Oswal, others raise target prices

Punjab National Bank shares rose sharply on Monday after the lender reported a 13% year-on-year rise in Q2FY27 net profit to Rs 5,532 crore. Stronger

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