Sat Kartar Shopping’s SME IPO opens on January 10 to raise Rs 33.80 crore at Rs 77-81/share, with listing on January 17. Funds will support acquisitions, marketing, and tech investments. The Ayurvedic D2C brand reported ₹127.9 crore revenue in FY24.
Jefferies views IndiGo as unique and strong franchise, raises target price to Rs 5,260
The IndiGo stock has underperformed following a significant miss in the company’s 2Q results, driven by higher costs impacting profitability. However, Jefferies expects cost normalization