LG Electronics India is set to launch an IPO, aiming to raise over ₹11,000 crore. The company boasts strong financials, with higher revenue, Ebitda, and a remarkable 37.1% return on net worth for FY25 compared to rivals. Its attractive valuation, with a lower P/E multiple than peers, makes it a compelling long-term investment opportunity.Read More
LG Electronics India has raised Rs 3,475 crore from anchor investors ahead of its IPO, which opens on October 7. The company allocated about 3.04 crore shares at Rs 1,140 apiece. The issue is completely an OFS of 10.18 crore shares with a size of Rs 11,607 crore.Read More
Indian markets rose for the third session, led by strong gains in banking, financials, and IT ahead of Q2 earnings. Nifty reclaimed the 25,000 mark, supported by upbeat loan growth data and improving technical momentum suggesting a potential rally toward 25,500.Read More
SEBI Chairman Tuhin Kanta Pandey warns that only 36% of investors have adequate market knowledge, leaving many vulnerable to scams. He shares four tips to protect against fraud amid growing retail participation.Read More
SBI Life Insurance, Aditya Birla MF, Morgan Stanley, Goldman Sachs, and other entities have cumulatively acquired over 7.31 crore shares, representing a 6 per cent stake, in Aditya Birla Lifestyle Brands from Flipkart Investments for Rs 998 crore through open market transactions on Monday.Read More
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