This is because half of the companies that reserve portions for employees in their IPOs are not able to get the portion fully subscribed. Hence, when the employees over-subscribe to an issue, it indicates high confidence in the prospects of the business.
Citi Research projects that India’s benchmark Nifty 50 index could hit 28,000 points by the end of 2027. This forecast is based on strong earnings
Finolex Cables shares fell after a 20% upper-circuit rally during Sunday’s Muhurat Trading session, giving back some of the Rs 3,334 crore market-cap gain. The
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