Brokerage UBS upgraded rating on Eicher Motors to Buy while Jefferies initiated coverage on Syrma SGS and Kaynes Technologies. Nomura also shared its views on oil marketing companies (OMCs) in the light of a Rs 2 per litre cut in petrol and diesel prices. We have collated a list of recommendations from top brokerage firms … Read more
With promoters making a beeline to make the most of the bull market, 2023 saw one IPO hitting the Street every day on an average. By the time the year ends, we would have seen about 230 IPOs out of 246 trading days in the calendar year. However, the list is dominated by SMEs as … Read more
Street favourite BJP’s clean sweep in the Hindi heartland may compel foreign institutional investors (FIIs) to start buying Indian stocks in a big way once again and mark the return of megacap stocks that have been left behind in the ‘madcap’ rally in recent months. FIIs who had been bothered by the Indian market’s rich … Read more
Water and Sewage infra player EMS has fixed a price band of Rs 200-211 for its IPO, which opens on September 8. The issue closes on September 12. EMS filed draft papers with markets regulator Sebi in March this year. The IPO comprises a fresh equity issue of Rs 146 crore, which was cut from … Read more