Samir Arora says FIIs don’t make serious money in IPOs. Here’s why
Samir Arora highlights that foreign institutional investors rarely profit from Indian IPOs due to allocation limits, currency conversion losses, funding costs, and volatile rupee, despite massive oversubscriptions.
Mukul Agrawal hikes stake in Monolithisch after 200% rally, exits another stock in portfolio shuffle
Ace investor Mukul Agrawal boosted his Monolithisch India holding from 2.30% to 2.76%, following a near 200% post-IPO rally, while exiting Raghav Productivity Enhancers amid portfolio realignment.
Vijay Kedia-backed cybersecurity stock announces 1:1 bonus issue. Check details
Shares of Vijay Kedia-backed TAC Infosec rose on news of a one-for-one bonus issue, backed by strong financial performance, including a 157% revenue rise and doubled profits. The company plans $100 million capex by 2030 to enhance AI-led cybersecurity, expand globally, and pursue a Nasdaq listing for its US arm.
How NSE CEO Ashish Chauhan lost 16 months’ salary in the Harshad Mehta scam — and what he learned from it
NSE CEO Ashish Chauhan lost 16 months’ salary in the Harshad Mehta scam, learning crucial lessons on financial discipline, leverage risks, and cautious investing, urging individuals to prioritize safety before stock market exposure.
Metals, financials and consumer services to lead next rally: Anand Shah
Indian equity markets are trading range-bound due to a balance of supportive monetary and fiscal policies against slowing global growth and foreign outflows. Analysts suggest a cautious outlook for the IT sector, favoring multi-asset portfolios with exposure to gold, silver, and commodities.
TCS results, AI bets and metals rally: Parag Thakkar sees value across IT, metals and banking sector
Parag Thakkar of Fort Capital remains bullish on TCS, citing positive results and strategic AI/data centre investments as long-term positives. He also expresses optimism for the metals and banking sectors, highlighting strong fundamentals and attractive valuations for companies like Hindalco, Tata Steel, HDFC, ICICI, and SBI.
Citigroup expects up to $20 billion in India IPOs over next year
India’s initial public offerings are set to raise up to $20 billion in the coming year. This surge will solidify India’s standing as a leading global listings market. Domestic capital, including retail investors, is fueling this growth. Several prominent companies are preparing for their IPOs, promising an active period for the Indian stock market.
Bharti Telecom to open $1.7 billion mega bond issue next week
Bharti Telecom, the holding company of Bharti Airtel, is set to launch its largest bond sale of the current fiscal year. The company aims to raise 150 billion rupees through bonds maturing in two and three years. This fundraising is expected to be at significantly lower rates than last year. Mutual funds are anticipated to […]
Reliance Power shares soar 15%. Here’s what is fuelling the rally
Reliance Power shares saw a significant jump on Friday, October 10, driven by renewed buying interest and high trading volumes. This surge occurred despite the company receiving Show Cause Notices from SEBI concerning CLE Private Limited. Earlier, Reliance Power reported a profit in Q1 FY26, a positive shift from a loss last year.
Midwest IPO price band set at Rs 1,014 to Rs 1,065 per share. Check key dates, issue details
Midwest Limited’s Rs 451 crore IPO, priced at Rs 1,014–1,065 per share, opens October 15. With 50% allocated to QIBs, the issue includes a fresh issue of Rs 250 crore and an offer for sale of Rs 201 crore, marking India’s largest quartz and granite producer’s market debut.