News Overview

The IPO, slated to close on December 15, comprises a fresh issue of 44.3 lakh shares worth Rs 350 crore.

The Mini-Ratna PSU expressed its intention to diversify its business beyond Railways to promote its brand and operations across the country

Ilumetri, designed for adults with moderate-to-severe plaque psoriasis, is set to be officially implemented on January 1, 2024

Analysts of IIFL Capital Services expect volume growth to pick up and pricing to also turn positive, thereby driving high-single-digit sales growth.

Analysts of IIFL Capital Services have assumed USD80-145mn revenue from Spiriva for Lupin over FY24- 26.

Analysts of IIFL Capital Services expect credit growth to sustain at low-to-mid-teens (12% YoY in FY23), but expect larger Private lenders to continue chipping away market share from Public banks.

The bank will integrate with the Ministry of Railways to facilitate the pension disbursement process for retired railway employees.

ITC highlighted as "one of the fastest growing FMCG Businesses in India," driven by in-house developed brands, in an investor presentation

Derivative contracts for the mentioned securities exceed 95% of MWPL, leading to the current ban period imposed by NSE

Fed held rates in the range of 5.25%-5.50% but gave indications of three rate cuts in year 2024.