LTIMindtree shares rose 3.6% to Rs 5,950 after Kotak Institutional Equities upgraded the stock and raised its target price to Rs 6,200, citing recovery prospects and strong growth. The company also received a stay order on a Rs 378 crore GST notice.
$20 billion of IPOs per year a new normal for India: JP Morgan
Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next