SBI Funds Management and Manipal Hospitals are gearing up for major initial public offerings. SBI Funds’ IPO is expected to be between ₹12,000-13,000 crore. Manipal Hospitals’ offering is estimated at ₹9,000-11,000 crore. Both companies aim to file their draft prospectuses by the end of March, signaling significant market activity.
Tata Elxsi shares slide 6% after weak Q1 results. Why Motilal Oswal sees 16% downside from current levels?
Tata Elxsi shares fell despite reporting a strong June quarter, with net profit rising 18.2% YoY to Rs 170.6 crore and revenue increasing 14.5% to