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Meesho shares rally up to 129% from IPO price in just 7 days: Here's why analysts advise caution

BUSINESS

Meesho shares rally up to 129% from IPO price in just 7 days: Here's why analysts advise caution

Meesho share price: Analysts listed out why it may be a better for investors to delay purchase of the e-commerce platform's shares, and what will be key triggers ahead.

Max Healthcare to set up 450-bed hospital in Pune; shares rise up to 3%

BUSINESS

Max Healthcare to set up 450-bed hospital in Pune; shares rise up to 3%

Max Healthcare share price: The company's board has approved the proposal to enter into a share purchase agreement for acquisition of 100% equity stake in Pune's Yerawada Properties for around Rs 200 crore.

Auto stocks decline for fourth day, index drops 2% to one-month low: What lies ahead?

BUSINESS

Auto stocks decline for fourth day, index drops 2% to one-month low: What lies ahead?

Auto stocks: Auto​‍​‌‍​‍‌​‍​‌‍​‍‌ stocks have been losing value for the fourth consecutive session as they are the main victims of sustained pressure following demand worries and broader market risks, an analyst said.

Tata Motors CV shares jump 5% after JPMorgan, BofA's bullish calls: Check target prices

BUSINESS

Tata Motors CV shares jump 5% after JPMorgan, BofA's bullish calls: Check target prices

Tata Motors share price: Tata Motors CV shares rose to their highest level since debut in November this year, after the demerger from its passenger vehicle business.

Defence shares fall for 4th day amid 'double whammy'; analysts advise 'use this healthy correction'

BUSINESS

Defence shares fall for 4th day amid 'double whammy'; analysts advise 'use this healthy correction'

Defence stocks: The long-term story of defence stocks remains intact, and the current phase looks like a short-term correction, an analyst said.

IndiGo shares rise 3% as CEO Pieter Elbers tells employees 'the worst is behind us'

BUSINESS

IndiGo shares rise 3% as CEO Pieter Elbers tells employees 'the worst is behind us'

IndiGo share price: The CEO's message comes after the airline faced crisis earlier this month, leading to massive cancellations and chaos.

KSH International IPO closes with 83% subscription on Day 3, QIB portion fully booked: Check GMP

BUSINESS

KSH International IPO closes with 83% subscription on Day 3, QIB portion fully booked: Check GMP

KSH International IPO GMP: The allotments will likely be finalized by December 19, and the shares are scheduled to be listed on stock exchanges BSE and NSE on December 23.

Hero MotoCorp shares fall 5% after Jefferies downgrades to 'Underperform', cuts target price by 11%

BUSINESS

Hero MotoCorp shares fall 5% after Jefferies downgrades to 'Underperform', cuts target price by 11%

Hero MotoCorp share price: The shares of the bike-maker fell to Rs 5,513 apiece in the morning trading hours of Thursday, the lowest level seen by the stock in nearly five weeks.

MCX fixes record date for 1:5 stock split: What it means for shareholders?

BUSINESS

MCX fixes record date for 1:5 stock split: What it means for shareholders?

MCX stock split: MCX has fixed January 2 as the record date for its first-ever stock split.

HRS Aluglaze shares hit 5% upper circuit after listing at 31% premium over SME IPO price

BUSINESS

HRS Aluglaze shares hit 5% upper circuit after listing at 31% premium over SME IPO price

HRS Aluglaze IPO GMP: Ahead of their market debut, the unlisted shares of the company were trading with nearly 23% GMP over the IPO price.

IndiGo, SpiceJet stocks could see some turbulence in near-term, say analysts; here are key levels for investors

BUSINESS

IndiGo, SpiceJet stocks could see some turbulence in near-term, say analysts; here are key levels for investors

Airline stocks: There has been disruption during the peak season for air travel, which should create temporary blip in the airline earnings, an analyst said.

ICICI Prudential AMC shares to list Friday: This brokerage gives 'Buy' rating, sees up to 39% upside from IPO price

BUSINESS

ICICI Prudential AMC shares to list Friday: This brokerage gives 'Buy' rating, sees up to 39% upside from IPO price

ICICI Prudential AMC share price: The Rs 10,603-crore IPO closed yesterday after being subscribed 39 times its offer size at a price band of Rs 2,061-2,065 per share.

Morgan Stanley bullish on Reliance Industries, sees up to 20% upside: Here's why

BUSINESS

Morgan Stanley bullish on Reliance Industries, sees up to 20% upside: Here's why

Reliance Industries share price: Morgan Stanley noted that RIL has invested more than $80 billion since COVID-19 period, and these investments will likely begin to bear fruit from 2026 onwards.

Vedanta shares rise 2% to fresh 52-week high as analysts say demerger offers 'value unlocking' potential

BUSINESS

Vedanta shares rise 2% to fresh 52-week high as analysts say demerger offers 'value unlocking' potential

Vedanta share price: Kotak Institutional Equities upgraded its rating on Vedanta shares to 'Buy' from 'Add', and raised its target price for the stock to Rs 650 per share.

Jefferies says Zepto's IPO plans, Swiggy's Rs 10,000-crore QIP won't trigger quick-commerce price war

BUSINESS

Jefferies says Zepto's IPO plans, Swiggy's Rs 10,000-crore QIP won't trigger quick-commerce price war

Eternal-owned Blinkit continues to be the leader in the industry, with best-in-class profitability due to its growth-first strategy and aggressive store expansion, Jefferies said.

KSH International IPO subscribed 26% on Day 2, analysts highlight long-term potential despite muted GMP

BUSINESS

KSH International IPO subscribed 26% on Day 2, analysts highlight long-term potential despite muted GMP

KSH International IPO GMP: Ahead of their market debut, the unlisted shares of KSH International were trading with 0-1.56% GMP over the IPO price.

Shriram Finance shares rise 3% ahead of board meet on Friday to consider fundraising

BUSINESS

Shriram Finance shares rise 3% ahead of board meet on Friday to consider fundraising

Shriram Finance share price: The board may also discuss a possible deal with Japan's Mitsubishi UFJ Financial Group (MUFG), which is reportedly planning to acquire a minority stake in the gold financier.

Meesho shares rally 20% after UBS initiates 'Buy' call, market cap nears Rs 1 lakh crore

BUSINESS

Meesho shares rally 20% after UBS initiates 'Buy' call, market cap nears Rs 1 lakh crore

Meesho share price: Meesho shares have now surged around 95% from IPO price, with market cap surging by nearly Rs 25,000 crore in just six sessions since market debut.

Hind Zinc shares jump 3% to 16-month high as silver futures cross Rs 2.05 lakh/kg for first time

BUSINESS

Hind Zinc shares jump 3% to 16-month high as silver futures cross Rs 2.05 lakh/kg for first time

Hindustan Zinc share price: The shares of the Vedanta Group-company have now surged more than 29% in less than a month.

Park Medi World shares settle 9% lower than IPO price after weak market debut

BUSINESS

Park Medi World shares settle 9% lower than IPO price after weak market debut

Park Medi World share price: The Rs 920-crore IPO of the company that operates hospital chain under the brand Park Hospital was subscribed more than 8 times its offer size from December 10-12.

Nephrocare Health Services shares fall 4% after listing at 7% premium to IPO price

BUSINESS

Nephrocare Health Services shares fall 4% after listing at 7% premium to IPO price

Nephrocare Health Services share price: The tepid market debut comes after the Rs 871-crore IPO of Asia's largest dialysis service provider was subscribed 14 times its offer size from December 10-12.

Cello World shares drop 2.5% after Investec initiates 'Sell' call, warns of further downgrades: Here's why

BUSINESS

Cello World shares drop 2.5% after Investec initiates 'Sell' call, warns of further downgrades: Here's why

Cello World share price: Investec kept a target price of Rs 530 apiece for the shares of the company, implying a downside potential of around 7% from the stock's previous closing price of Rs 571.30 per share.

Meesho shares rally 74% from IPO price in five sessions; m-cap soars by Rs 14,000 crore since debut

BUSINESS

Meesho shares rally 74% from IPO price in five sessions; m-cap soars by Rs 14,000 crore since debut

Meesho share price: The company had a market capitalization of more than Rs 73,000 crore during its much-awaited market debut on December 10. At today's high, the company's market capitalization stood at over Rs 87,000 crore.

Shakti Pumps shares rally 45% in four sessions after hitting record low: Here's why

BUSINESS

Shakti Pumps shares rally 45% in four sessions after hitting record low: Here's why

Shakti Pumps share price: Although the stock has made some recovery, it is still down around 43% from its 52-week high, and nearly 85% lower than its all-time high of Rs 5,124.80 per share, which it had hit in October last year.

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