The Indian primary market has seen a surge in interest for SME IPOs, with massive oversubscriptions. Data from Prime Database reveals that 152 SME IPOs this year averaged 200 times oversubscribed. While SEBI urges caution, the lure of robust listing gains and stock performance continues to draw investors.
Divi’s Laboratories shares gain another 5% after Q2 results. Here’s why Jefferies raised target price by 23%
Shares of Divi’s Laboratories jumped 5% following a 64% YoY surge in Q2 FY27 net profit to Rs 1,127 crore. Brokerage Jefferies raised its target