Vidya Wires’ Rs 300-crore IPO received strong investor interest on Day 1, getting subscribed more than 2 times, driven by robust retail and NII demand. Shares of the company were seen trading at a GMP of nearly 13, as per the latest update. Competitively priced versus peers, the company’s strong financials and sector demand make...Read More

Pine Labs Q2 Results: Payment solutions company Pine Labs swung back to black in the September-ended quarter, reporting a consolidated net profit of Rs 6 crore versus a loss of Rs 32 crore in the year-ago period.Read More

Manipal Health Enterprises is preparing to file for a $1 billion IPO in January, aiming for a valuation of up to $13 billion, which could make it India’s most valuable hospital chain. Backed by Temasek, the company has grown rapidly through acquisitions and is working with major banks to launch the country’s biggest hospital-sector listing.Read More

The “destiny” of the rupee is to depreciate further, and the 90-per-dollar mark breached on Wednesday is the new normal for the Indian currency, a senior financial services executive said on Wednesday.Read More

Dialysis services provider Nephrocare Health Services Ltd, known for its brand NephroPlus, is set to launch its initial public offering, comprising fresh issue of shares worth a little over Rs 353 crore, on December 10.Read More

D-Street extended their losing streak as banks, autos and FMCG stocks fell under pressure on rupee’s record slide. Indian Bank, Angel One and key auto stocks declined, whereas Infosys and DOMS saw strong buying interest.Read More

Five small-cap stocks, including Cupid, surged to new 52-week highs despite a muted market, posting strong monthly gains of up to 51%.Read More

Meesho’s top leadership outlines strong anchor investor interest, growth plans, and the roadmap to profitability ahead of its IPO. CEO Vidit Aatrey and CFO Dhiresh Bansal discuss user growth, monetisation levers, logistics efficiency, ad revenue expansion, and future acquisitions aimed at deepening India-wide e-commerce penetration. The company emphasises free cash flow, capital-light operations, and long-term...Read More

Realty firm Migsun Group will invest Rs 250 crore to develop a commercial project in Yamuna Expressway region.Read More

Indian stocks extended their decline for a fourth consecutive session on Wednesday as investors booked profits near record highs. Sentiment remained cautious ahead of the Reserve Bank of India’s policy decision, while ongoing foreign outflows pressured the rupee to a new all-time low.Read More