Approximately $26 billion in shares from 71 recently listed companies will become available for sale as IPO lock-ins expire between June 17 and September-end. This potential supply overhang could impact stock prices, with $15.96 billion across 31 companies becoming eligible for sale in the next month alone.
Vedanta Aluminium shares jump over 3% after Citi, Kotak initiate with Buy, see up to 29% upside. Here’s why
Vedanta Aluminium Metal shares surged over 3% after Citi and Kotak Institutional Equities initiated coverage with ‘Buy’ ratings and target prices of Rs 560 and