Tue, Sep 17, 2024 9:59 PM
Gayatri Rubbers and Chemicals bags new orders worth Rs 25,94,685.95
A Flip by Shubhangi Gupta
Emkay Global Financial's research report on Tata Motors. Tata Motors' stock price has corrected 16% from its peak, but Emkay Global Financial upgrades its rating to BUY from Add, citing a relatively smaller China market exposure, improving India CV outlook, and healthy balance sheet, with valuations being the least demanding among OEMs.
Open Flip
Indian shadow lender IIFL Finance Ltd is facing a threat of credit rating downgrade as early as this week, as a months-long regulatory ban on its gold loan business remains unresolved, according to people familiar with the matter. A local rating agency has informed the company about a possible rating change from AA to AA-, said the people, who asked not to be identified as the information.
Open Flip
Kalana Ispat opened its SME IPO for subscription on September 19 and will close on September 23. The company aims to raise ₹32.59 crore through the offering and plans to list its shares on the NSE SME platform at ₹66 per share. Kalana Ispat IPO Subscription Status The IPO has been witnessing muted demand. The issue was subscribed 0.05 times till 12:15 pm on Thu, the first day of the bidding.
Open Flip
