ET Intelligence Group : For those amazed at the overwhelming 400-times oversubscription of the ₹12-crore SME IPO of Resourceful Automobile, a two-wheeler dealer with just two Yamaha showrooms and eight employees, such oversubscription is no longer considered an exception in the Indian primary market. Data sourced from Prime Database show that 152 SME IPOs have … Read more
2024 is anticipated to be a significant year globally with upcoming elections in many countries. The stage is set for noteworthy political developments and potential leadership changes. More than 60 countries including India, the USA, Germany, and the United Kingdom, are set to hold elections in 2024, suggesting prolonged volatility in the global financial markets. … Read more
Brokerage firm Investec initiated a fast sell on HCL Technologies, HSBC maintained a buy on Zomato, Morgan Stanley maintained an overweight rating on Bank of India and Jefferies maintained a buy on Bharti Airtel. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on Telecom: Bharti Airtel, … Read more
