Page 25 - Kaynes Technology News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Electronic Industries Association of India (ELCINA) and SEMI, the global industry association that unites the...

On Wednesday, 1839 stocks advanced, 1708 declined and 150 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 1.07 indicating a positive closing of stocks in broader markets.

Netweb Technologies IPO: The public issue aims to raise Rs 631 crore and includes an offer for the sale of 8.5 million equity shares. The price band for the shares has been set at Rs 475-500 per.

Cyient DLM IPO shares listed at a premium, with the NSE listing at ₹403 per share and the BSE listing at ₹401 per share.

Macquarie has maintained its outperform rating on IndusInd Bank with a target price of Rs 1510, as the bank aims to strengthen its balance sheet by making more contingent provisions and raise net interest margins from 4.2-4.3% to 4.4%. Macquarie has also downgraded Paytm to neutral with a target price of Rs 800 due to a sharp run-up in the share price but expects accounting profitability from the platform by FY26. Additionally, brokerage firms Spark and CLSA recommended a buy rating on EMS player Kaynes Technology and life insurer ICICI Prudential, respectively.