Devang Mehta of Spark Capital notes Indian markets face global headwinds but maintain resilience due to domestic growth drivers. He highlights limited tariff impact on pharma generics and identifies consumption, capex, and credit growth as key long-term drivers. Mehta recommends investment themes like financialization of savings and the capex cycle, remaining optimistic despite recent market...Read More
Suba Hotels will launch its initial public offering on September 29. It aims to raise Rs 75.47 crore from 67.99 lakh shares. The price band is Rs 105 to Rs 111 per share. The issue closes on October 1. Anchor investors like Mukul Agrawal have already invested. Funds will support capital expenditure.Read More
Om Metallogic is launching its IPO on September 29 to raise Rs 22.35 crore at Rs 86 per share. The company, which recycles aluminium scrap into alloys, reported strong financial growth with revenue up 55% and profit nearly doubled in FY25. Proceeds will fund expansion and working capital, though market caution exists due to no...Read More
Dhillon Freight Carrier launched its IPO on September 29, aiming to raise Rs 10.08 crore by issuing 14 lakh shares at Rs 72 each, with subscriptions closing October 1. The logistics firm, reporting modest revenue growth and strong profit, intends to expand its vehicle fleet with the proceeds.Read More
Fabtech Technologies will launch its IPO on September 29. The Rs 230 crore issue will close on October 1. The price band is set at Rs 181–191 per share. Strong grey market signals indicate potential listing gains. Funds will support working capital and acquisitions. Fabtech provides biopharma engineering solutions. The company showed strong financial growth...Read More
Om Freight Forwarders will open its Rs 122 crore IPO on Monday. The three-day issue closes on October 3. Shares are expected to list on October 8. The price band is Rs 128-135 per share. The company reported increased revenue and profit for FY25. Funds will acquire commercial vehicles. Market watchers note a modest grey...Read More
WeWork India announced its initial public offering price band. Shares will be priced between Rs 615 and Rs 648. The company aims to raise up to Rs 3,000 crore. Bidding for the IPO will commence on Friday, October 3. The offering includes a fresh issue and an offer for sale by existing shareholders.Read More
When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume.Read More
A significant uptick in futures open interest signifies a substantial growth in the number of active, unexpired futures contracts in a specific security.Read More
The Indian rupee faces persistent headwinds, hitting a record low, with central bank intervention anticipated for support. While the RBI is expected to hold policy rates, a surprise cut could further pressure the currency and bond yields. US economic resilience also dampens quick Fed rate cut hopes, influencing global market sentiment.Read More
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