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IPO Boom: 57% of SME issues saw over 100% subscription in 2024

Growing retail investor confidence drives strong interest in SME IPOs. Companies like Australian Premium Solar and Pratham EPC Projects witness substantial gains post listing. However, caution is advised, as some companies like MVK Agro Food Product are trading below issue price. ....

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Minority shareholders to benefit from ITC Hotels demerger, will unlock value

Minority shareholders are expected to benefit from the demerger of ITC s hotel business into a separate entity, ITC Hotels, as it may unlock value for them and improve return ratios of the FMCG major, as per reports of four proxy advisory firms ....

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Brokerages raise Hindalco's target price as subsidiary Novelis beats Q4 estimates

Brokerages reiterated their bullish stance Hindalco, saying that they find valuation attractive and growth prospects improving ....

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Hindalco posts Q2 profit at Rs 2,196 crore, revenue down 3.6% at Rs 54,169 crore

Hindalco posts Q2 profit at Rs 2,196 crore, revenue down 3.6% at Rs 54,169 crore
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