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Investec initiated coverage on IDFC First Bank with a hold rating and a target price of Rs 103. Balance sheet stability should ensure high growth.
ICICI Prudential AMC, which manages Rs 2,66,715 crore worth of equity assets, entered Voltamp Transformers, though the quantity of shares it bought was insignificant. ICICI Prudential AMC is invested in 592 listed companies across 29 sectors.
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The newly-listed company Fusion Micro Finance has announced its earnings for the second quarter of the current financial year 2022-23.
Bikaji Foods International IPO was subscribed 20 per cent. Fusion Micro Finance IPO was subscribed 17 per cent while Global Health IPO was subscribed 3 per cent