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PhysicsWallah IPO opens tomorrow, GMP declines: Here's why brokerages are 'Neutral' on the Rs 3,480-crore IPO

BUSINESS

PhysicsWallah IPO opens tomorrow, GMP declines: Here's why brokerages are 'Neutral' on the Rs 3,480-crore IPO

PhysicsWallah IPO GMP: The IPO will remain open for public bidding from November 11-13 at a price band of Rs 103-109 per share.

IT index rises nearly 2%, snaps 6-day losses on hopes of end to US govt shutdown; Infosys, HCLTech rise up to 3%

BUSINESS

IT index rises nearly 2%, snaps 6-day losses on hopes of end to US govt shutdown; Infosys, HCLTech rise up to 3%

Nifty IT index rose nearly 2% to emerge as the top sectoral gainer on the market today.

Q2 Results impact: NALCO, Torrent Pharma shares jump up to 9%, Transformers and Rectifiers hits 20% lower circuit

BUSINESS

Q2 Results impact: NALCO, Torrent Pharma shares jump up to 9%, Transformers and Rectifiers hits 20% lower circuit

Torrent Pharmaceuticals jumped around 7% to hit a fresh 52-week high of Rs 3,830 apiece.

Lenskart shares jump 16% intraday after weak market debut: Should you buy, sell or hold?

BUSINESS

Lenskart shares jump 16% intraday after weak market debut: Should you buy, sell or hold?

Lenskart share price: The shares of the company had listed at a discount of nearly 3 percent over its IPO price at Rs 390 apiece on BSE

Lenskart shares list at 3% discount despite 28x subscription: This brokerage says 'Sell', sees up to 14% downside

BUSINESS

Lenskart shares list at 3% discount despite 28x subscription: This brokerage says 'Sell', sees up to 14% downside

Ambit Capital had issued a 'Sell' call on Lenskart shares, even before the stock made its much-anticipated market debut. This is a rare occasion when a brokerage issued a ‘Sell’ call on a stock even before it hit the stock markets.

Trent shares fall 7% on slowest quarterly revenue growth since 2021 in Q2; check price targets

BUSINESS

Trent shares fall 7% on slowest quarterly revenue growth since 2021 in Q2; check price targets

Trent shares hit a 52-week low of Rs 4,326.5 apiece in the morning trading hours of Monday.

Q2 Results impact: Amber Enterprises, Venky's shares tumble up to 14%, DAM Capital jumps 12%

BUSINESS

Q2 Results impact: Amber Enterprises, Venky's shares tumble up to 14%, DAM Capital jumps 12%

Q2 Results impact: DAM Capital reported a net profit of Rs 52.15 crore for Q2 FY26, marking a whopping 141% YoY surge from the Rs 21.67 crore net profit reported in the same period of the previous financial year.

LIC shares jump 4% after firm's Q2 results beat estimates: Should you buy, sell or hold?

BUSINESS

LIC shares jump 4% after firm's Q2 results beat estimates: Should you buy, sell or hold?

LIC share price: LIC shares have gained more than 3% in the past five days, and more than 18% in the past six months. It is currently up around 3.5% in 2025 so far.

Lenskart IPO GMP falls to 2% before market debut on Monday; should you buy, sell or hold?

BUSINESS

Lenskart IPO GMP falls to 2% before market debut on Monday; should you buy, sell or hold?

Lenskart IPO GMP: This comes despite the Rs 7,278-crore IPO seeing strong investor interest, being subscribed more than 28 times during its three days of public bidding.

Pine Labs IPO subscribed 13% on Day 1, GMP declines to 2%: Should you apply?

BUSINESS

Pine Labs IPO subscribed 13% on Day 1, GMP declines to 2%: Should you apply?

Pine Labs IPO GMP: The price band for the IPO has been set between Rs 210-221 per share, valuing the company at approximately Rs 25,377 crore at the upper end.

Piramal Finance will be the largest affordable housing NBFC in India: Chairman Anand Piramal

BUSINESS

Piramal Finance will be the largest affordable housing NBFC in India: Chairman Anand Piramal

'I'm so proud today that we have crossed five million customers this quarter,' Anand Piramal said while speaking at the listing ceremony of Piramal Finance.

Delhivery shares plunge 10% after firm posts Rs 50 crore net loss in Q2, JM Financial downgrades stock to 'Add'

BUSINESS

Delhivery shares plunge 10% after firm posts Rs 50 crore net loss in Q2, JM Financial downgrades stock to 'Add'

Delhivery share price: JM Financial noted that the lower-than-estimated results were caused by back-ended demand due to delayed purchases in the quarter before the GST cuts took place

Q2 Results impact: Blue Star shares drop 6% as unseasonal cool weather slows AC demand, Godrej Properties down 5%

BUSINESS

Q2 Results impact: Blue Star shares drop 6% as unseasonal cool weather slows AC demand, Godrej Properties down 5%

Q2 Results impact: Blue Star said that the room air conditioner segment continued to witness a demand slowdown after a subdued monsoon-led Q1 FY26, as prolonged rains and lower temperatures impacted secondary sales and delayed channel offtake.

Groww's Rs 6,632-crore IPO subscribed nearly 2x on Day 2, retail portion booked 5x: Check latest GMP

BUSINESS

Groww's Rs 6,632-crore IPO subscribed nearly 2x on Day 2, retail portion booked 5x: Check latest GMP

Groww IPO GMP: The price band for the Rs 6,632-crore IPO has been set at Rs 95-100 per share.

Hindalco shares drop 7% over likely $650-mn impact of Novelis plant fire on cash flow, capex concerns

BUSINESS

Hindalco shares drop 7% over likely $650-mn impact of Novelis plant fire on cash flow, capex concerns

Hindalco Industries share price: The hot mill at New York's Oswego plant, which was shut after the fire incident, is expected to restart operations by end of December.

Q2 results impact: IIFL Finance shares hit record high; Arvind Fashions, Wockhardt rise up to 11%

BUSINESS

Q2 results impact: IIFL Finance shares hit record high; Arvind Fashions, Wockhardt rise up to 11%

Q2 Results impact: IIFL Finance shares hit a new 52-week high of Rs 559.75 apiece. Arvind Fashions shares rose nearly 10% to trade at Rs 550.9 apiece, while Wockhardt shares jumped around 11%.

Godrej Consumer shares jump 6% despite decline in Q2 net profit: analysts expect stronger H2FY26

BUSINESS

Godrej Consumer shares jump 6% despite decline in Q2 net profit: analysts expect stronger H2FY26

Godrej Consumer share price: Along with the Q2 results, Godrej Consumer announced an interim dividend of Rs 5 per share for the financial year 2026.

Lenskart IPO subscribed 2x on Day 2, retail portion booked 3x despite falling GMP: Should you apply?

BUSINESS

Lenskart IPO subscribed 2x on Day 2, retail portion booked 3x despite falling GMP: Should you apply?

Lenskart IPO GMP: Ahead of listing, the unlisted shares of the company were trading with around 16-17% GMP over the IPO price in the grey market.

Maruti Suzuki falls 3% post-Q2 results; Jefferies downgrades stock to 'Hold'

BUSINESS

Maruti Suzuki falls 3% post-Q2 results; Jefferies downgrades stock to 'Hold'

Maruti Suzuki share price: Jefferies downgraded the stock to 'Hold' from its earlier 'Buy' rating on market share concerns.

Q2 Results impact: Bandhan Bank, DLF shares fall up to 8%, United Spirits hits 4-month high

BUSINESS

Q2 Results impact: Bandhan Bank, DLF shares fall up to 8%, United Spirits hits 4-month high

Bandhan Bank shares tumbled more than 8 percent to trade at Rs 156.50 apiece, the lowest level seen by the stock in October this year. DLF shares fell over 2.5 percent to trade at Rs 757 apiece.

Lenskart’s Rs 7,000 crore IPO under the spotlight: Experts weigh the pros and cons

BUSINESS

Lenskart’s Rs 7,000 crore IPO under the spotlight: Experts weigh the pros and cons

Lenskart IPO open: The decent GMP despite elevated valuations indicates that the market is looking at it more as a technology company which can scale rapidly, said one analyst.

Studds Accessories IPO subscribed 5x on Day 2, GMP signals decent listing: Should you apply?

BUSINESS

Studds Accessories IPO subscribed 5x on Day 2, GMP signals decent listing: Should you apply?

Studds Accessories IPO GMP: The company launched its IPO to raise Rs 455.59 crore entirely through an OFS of shares by promoters and other selling shareholders at a price band of Rs 557-585 per share.

Orkla India IPO closes with 49x subscription, QIB portion booked 118x: Check latest GMP

BUSINESS

Orkla India IPO closes with 49x subscription, QIB portion booked 118x: Check latest GMP

Orkla India IPO GMP: Non Institutional Investors (NII) have booked the portion kept for them 54.42 times.

Lenskart's Rs 7,000-crore IPO gets fully subscribed on Day 1; GMP crosses 20%: Should you apply?

BUSINESS

Lenskart's Rs 7,000-crore IPO gets fully subscribed on Day 1; GMP crosses 20%: Should you apply?

Lenskart IPO GMP: At a price band of Rs 382-402 per share, the company seeks a valuation of around Rs 70,000 crore.

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