The initial public offer of GK Energy Ltd, a solar-powered agricultural water pump systems provider, received a whopping 89.62 times subscription as it drew to a close on Tuesday.Read More

The EV/EBIT ratio compares enterprise value with operating profits, guiding investors on valuation. Lower ratios suggest undervaluation, higher ones imply overpricing. Best used for industry comparisons and tracking profitability trends over time.Read More

Medicap Healthcare plans a Rs 240 crore IPO with fresh equity to expand manufacturing, repay debt, and fund subsidiary investments, strengthening its domestic and international pharmaceutical packaging presence.Read More

Motilal Oswal expects Indian equities to stabilize as earnings cuts slow. Supportive policies, favorable valuations, and sector-specific improvements could drive a market uptrend and recovery in FY26–27.Read More

Wall Street’s indexes displayed a muted opening on Tuesday, pausing after a recent surge driven by technology stocks. Investors are currently awaiting insights from Federal Reserve Chair Jerome Powell regarding the economic outlook. The Dow Jones Industrial Average experienced a slight dip, while the S&P 500 and Nasdaq Composite also saw marginal declines at the...Read More

Promoter holdings in nine Nifty500 companies rose significantly in Q1FY26, reflecting heightened confidence and long-term commitment. Key gainers include Aavas Financiers, Cohance Lifesciences, Reliance Infrastructure, and Adani Energy, indicating potential bullish sentiment.Read More

Medicap Healthcare Ltd has filed draft papers with markets regulator Sebi to raise Rs 240 crore through an initial public offering (IPO).Read More

Nomura reaffirmed its bullish stance on India’s steel sector, citing strong domestic demand, Chinese production cuts, and potential Beijing stimulus. It raised targets for JSW Steel (Rs 1,300) and Jindal Steel (Rs 1,150), forecasting capacity-driven growth and EBITDA expansion. Import curbs, firm demand, and improving pricing dynamics support sector outlook.Read More

Vodafone Idea shares surged 7% intraday amid investor hopes for Supreme Court relief on Rs 9,450 crore AGR dues. The apex court will hear the plea on September 26, a crucial decision impacting funding plans, debt resolution, and operational continuity for the debt-laden telecom operator seeking clarity on dues reconciliation.Read More

Purple Style Labs, the parent firm of luxury fashion platform Pernia’s Pop-Up Shop, has filed preliminary papers with capital markets regulator Sebi to raise Rs 660 crore through an initial public offering (IPO).Read More