Indian food delivery giant Swiggy Ltd. is reportedly preparing to raise up to 100 billion rupees ($1.1 billion) from institutional investors as early as next week. The company has shortlisted Citigroup, JPMorgan Chase, and Kotak Mahindra to manage the potential share sale, which was approved by its board on November 7th.Read More

When large institutional investors like mutual funds put money into a stock, it’s often a signal worth paying attention to. These funds carry out extensive research and focus on long-term growth, investing only when there’s strong reasoning behind it. But what happens when some of their most favored stocks plummet by as much as 55%...Read More

Dipan Mehta of Elixir Equities discusses select mid-cap and sectoral stocks. He sees potential in Force Motors for long-term investors. Mehta anticipates a short-term trading rally in IT stocks but remains structurally cautious. He acknowledges missing Wockhardt but prefers waiting for the hype to subside. CDMO and contract manufacturing players are viewed positively.Read More

Emmvee Photovoltaic rose sharply on Tuesday after the company reported a stellar Q2FY26 performance, with net profit jumping 578% YoY to Rs 238 crore and revenue rising 181%. Strong demand for high-efficiency solar modules, improved margins, and IPO-led debt reduction strengthened its financials as the company positions for growth in India’s expanding renewable energy market.Read More

Wockhardt Ltd shares jumped over 4% to ₹1,533, extending a two-day rally after surging nearly 20% on Tuesday. The rise follows the US FDA’s acceptance of its New Drug Application for Zaynich, a first-in-class antibiotic, marking the first NDA approval for a New Chemical Entity by an Indian pharma company.Read More

Meesho’s IPO, opening December 3-5 with a price band of Rs 105-Rs 111, shows strong investor sentiment with a healthy grey market premium. Analysts see potential in India’s value e-commerce growth, despite near-term profitability pressures, citing improving unit economics and user engagement.Read More

Neochem Bio Solutions’ Rs 44.97 crore SME IPO opened on December 2 with a slow start, recording just 0.02 times subscription by mid-morning on Day 1, driven entirely by retail bids. The issue carries a mild GMP of Rs 5, indicating modest listing sentiment. Anchor investors, led by Mukul Agarwal’s Sanshi Fund with a 39%...Read More

Torrent Gas Ltd. has appointed Axis Bank, Kotak Mahindra Capital, and Citigroup to manage its planned initial public offering, which could raise up to $450 million. The city-gas distributor aims to use the proceeds for capital expenditure and debt reduction, amidst a busy IPO market in India.Read More

A report by CareEdge suggests the RBI may cut the repo rate by 25 basis points in December, citing a decadal low in inflation and strong growth momentum. With inflation projected to remain subdued and real policy rates above neutral, the central bank has room for a rate cut. Despite external challenges, India’s external sector...Read More

Auto sales are showing strong growth, with experts attributing the surge to recent GST cuts. Companies like Maruti Suzuki, M&M, and TVS Motors are standout performers, with expectations of double-digit growth continuing. Promoter block sales in IPOs have had a muted impact, with responsible divestments supporting market stability.Read More