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 it an attractive long-term consideration.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
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
