Fintech unicorn Moneyview Limited has filed its DRHP with SEBI for an IPO, aiming to raise capital through a fresh issue and an Offer for Sale. The company, a credit-led digital financial services platform targeting “Middle India,” reported strong growth and profitability, with significant AUM and a user base of over 125 million.Read More
Indian IPOs are facing tough times this year. Most new listings are not performing well, with many trading below their issue price. This is due to a shaky stock market and global worries. Investors are cautious, preferring to wait for stability. Companies are delaying their IPO plans. The situation could improve when market conditions stabilize and global events become clearer.Read More
Tata Motors’ domestic passenger vehicle sales rose 34% YoY to 62,329 units in February, while EV sales jumped 57% to 8,385 units. However, a cyber incident at Jaguar Land Rover caused a Q3 loss of Rs 3,486 crore and a 26% drop in revenue. Analysts say the stock remains sensitive to JLR performance, global demand, and margin recovery.Read More
Indian IT shares surged on Wednesday, defying a market downturn. Infosys, TCS, and Wipro saw gains of 2.25%. This rebound follows a sharp correction last month. A weaker Rupee and oversold conditions are boosting IT stocks. Meanwhile, global tensions and rising crude oil prices impacted the broader market.Read More
Suzlon Energy shares have seen a significant decline, but Motilal Oswal remains bullish, projecting a 61% upside. The brokerage cites the company’s ‘Suzlon 2.0’ vision, including leadership restructuring and the launch of a dedicated project development vertical, DevCo, as key drivers for future growth.Read More
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