Finance News – India
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Sambhv Steel Tubes IPO to open on Jun 25; sets price band at Rs 77-82 per share
Sambhv Steel Tubes is initiating a public offer worth Rs 540 crore, including new shares and promoter sales, aiming to raise funds primarily for reducing debt and supporting overal...
Read Full Article →Pharma, chemicals offer contrarian bets in stock-specific market: Hiren Ved
Despite overall market stagnation due to geopolitical risks and promoter sell-offs, sectors such as pharmaceuticals and chemicals present potential investment opportunities amid se...
Read Full Article →Buy ICICI Lombard General Insurance Company, target price Rs 2,150: JM Financial
JM Financial recommends acquiring ICICI Lombard stock, highlighting its recent quarterly revenue and profit figures, with the current market price below their projected valuation.
Read Full Article →Sell Indian Oil, target price Rs 130: JM Financial
JM Financial advises reducing holdings in Indian Oil Corporation as the stock is expected to decline to Rs 130, despite the company’s strong quarterly income and profit performance...
Read Full Article →Zee Entertainment shares gain 4% as promoters plan Rs 2,237 cr fund infusion via convertible warrant...
The promoter group's commitment to enhancing their stake through a substantial capital injection via convertible warrants has positively influenced investor confidence and contribu...
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