Akums Drugs IPO Opens Today: Akums Drugs and Pharmaceuticals’ IPO, valued at Rs 1,857 crore, closed on August 1. The issue included Rs 680 crore in fresh shares and an offer for sale of 1.73 crore shares. Analysts recommended investors subscribe, citing the company’s established market presence and variety of clients as key strengths.
AMFI Reshuffle: Five midcap stocks that may get upgraded to largecap
Nuvama Institutional Equities expects five midcap stocks, including Bosch, Zydus Lifesciences and Lodha Developers, to move into the largecap category in AMFI’s H1 CY27 reclassification.