Japanese brokerage firm Nomura has initiated coverage on Aadhar Housing Finance, giving it a ‘buy’ rating and setting a target price of ₹550 per share. The stock, which debuted on the Indian stock exchanges in May, is currently trading 45% above its IPO price of ₹315 apiece. Nomura’s target price suggests an all-time high for … Read more
Ola Electric Mobility, Swiggy Pvt. Ltd, National Securities Depository Ltd (NSDL), Afcons Infrastructure Ltd, and FirstCry operator BrainBees Solutions Pvt. Ltd have already filed with the Securities and Exchange Board of India for their initial public offering of shares. Tata Capital Ltd, JSW Cement Ltd, and Hexaware Technologies Ltd are also expected to join the … Read more
Housing finance company Aadhar Housing Finance initial public offerings (IPO) will open for subscription on May 8 and will close on May 10. The mainboard segment IPO has set at ₹300 to ₹315 per share. Ahead of the issue, Aadhar Housing Finance IPO is commanding a premium of ₹51 per share in the grey market … Read more