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OnEMI Technology Solutions’ Rs 925.92 crore IPO opens April 30, closing May 5, with a price band of Rs 162-171. The digital lending platform, operating under Kissht and Ring, aims to strengthen its subsidiary’s capital base. The issue shows modest grey market interest, trading at a Rs 4 premium.
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Bitcoin consolidated near the $77,000 mark on Wednesday ahead of the US Fed’s rate decision, while experts believe that the next key trigger might be the April CPI report. The cryptocurrency was trading at the $77,159 mark.
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Vedanta’s demerger record date is May 1, a market holiday, making April 29 the last day to buy shares for eligibility. Shareholders will receive one share each of Vedanta Aluminium Metal, Talwandi Sabo Power, Malco Energy, and Vedanta Iron and Steel for every Vedanta share held. This restructuring aims to unlock significant shareholder value by creating distinct, sector-specific entities.
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Emmvee Photovoltaic shares rose after a strong Q4FY26 performance, with revenue up 62% YoY and PAT surging 89%. Results beat estimates, and Jefferies reiterated a “Buy” rating, citing a solid order book and strong growth visibility despite a slight margin dip.
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After two years of significant equity selling, Indian promoters have reversed course in 2026, investing over $4 billion into their companies as valuations normalize post-market correction. This shift, led by groups like Adani and GMR, signals renewed confidence in long-term prospects, particularly in asset-heavy sectors.
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