Angel One has upgraded Lincoln Pharmaceuticals to a ‘buy’ rating following its impressive quarterly earnings and ambitious long-term revenue targets, highlighting its growth potential in the pharma sector. Angel One has turned bullish on Lincoln Pharmaceuticals after the Ahmedabad-based drug…
Blackstone’s potential bid for Actis’s BluPine Energy, a significant Indian renewables platform, highlights its strategic focus on fast-growing energy markets amid rising interest from global investors. Blackstone is back in the market’s spotlight after reports that Actis is preparing to…
Groww Asset Management has announced the completion of a Rs 580 crore strategic investment by State Street, signalling a new phase in India’s passive investment market and challenging established fund houses with global expertise and innovative product offerings. Groww Asset…
PVR Inox has approved a ₹300 crore buyback of 20.69 lakh shares at ₹1,450 each, marking its first such move since the merger, amid signs of improved operational performance and market confidence. PVR Inox has approved a buyback of up…
A recent study reveals that anchor investors in India are exiting IPOs much sooner than intended, prompting calls for stricter lock-in rules to restore confidence and improve the signalling role of anchor investors. India’s anchor investor system was meant to…
Indian shares ended lower on August 31, with declines across green energy, power, and technology sectors, amid subdued global cues and sector-specific volatility. Indian shares finished lower on August 31 as selling spread across green energy, power and technology-linked counters,…
India’s GDP grew by 7.8% in the June quarter of FY27, surpassing estimates amid geopolitical tensions and regional uncertainties, with broad-based strength across manufacturing, services, and investment. India’s economy expanded 7.8% in the June quarter of FY27, underscoring resilient activity…
Indian companies are increasingly issuing longer-dated bonds amid a surge in institutional demand, driven by liability matching and shrinking yield spreads, signalling a potential shift in borrowing patterns. Indian companies are moving further out on the maturity curve as insurers…
India’s secondary market experienced a significant spike in large-scale trades in August, reaching its highest level in over a year amid a wave of major stake sales by promoters and private equity investors, supported by strong liquidity from domestic and…
Despite a volatile wider share market, India’s initial public offerings in August showed remarkable resilience, with an 88% success rate and nearly 90% of listings trading above offer prices, signalling strong investor appetite and a positive outlook for upcoming issues.…
Indian investors will monitor Monday’s market as the latest MSCI index review triggers new demand for certain stocks, while corporate updates and strategic deals add to the trading momentum. Indian investors are set to focus on Monday’s market action as…
Purple Style Labs prepares for its initial public offering, seeking to capitalise on a strategic shift towards higher-value customers amid continued losses and a focus on premiumisation in India’s luxury market. Purple Style Labs is set to open its initial…
