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Swiggy's stock gains attention as JP Morgan gives an 'overweight' rating with a target price of Rs 730, citing growth potential in food delivery and quick commerce, and operational efficiency.
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News and Media
In the Nifty200 pack, three stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on December 18, according to stockedge.com's technical scan data.
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News and Media
Sanathan Textiles' Rs 550 crore IPO opens today. The offer includes fresh equity and an OFS. Bidding closes December 23. Proceeds will repay debt and fund subsidiary Sanathan Polycot. The price band is Rs 305-321 per share. Analysts recommend subscribing for the long term. Listing is expected on December 27.
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News and Media
DAM Capital Advisors' Rs 840 crore IPO opens today. The offer closes December 23. The price band is Rs 269-283 per share. Analysts recommend subscribing for the long term. The company plans to expand its fee-based businesses and global presence. Listing is expected on December 27.
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News and Media
Indian equity indices declined for a third consecutive session due to selling pressure in utility, capital goods, and metal stocks, coupled with foreign fund outflows. Technical analysts suggest Restaurant Brands Asia, Ambuja Cements, and Exide Industries are expected to decline further, with specific support and resistance levels identified for each stock.
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News and Media
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