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Samir Arora highlights that foreign institutional investors rarely profit from Indian IPOs due to allocation limits, currency conversion losses, funding costs, and volatile rupee, despite massive oversubscriptions.
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News and Media
Ace investor Mukul Agrawal boosted his Monolithisch India holding from 2.30% to 2.76%, following a near 200% post-IPO rally, while exiting Raghav Productivity Enhancers amid portfolio realignment.
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News and Media
Shares of Vijay Kedia-backed TAC Infosec rose on news of a one-for-one bonus issue, backed by strong financial performance, including a 157% revenue rise and doubled profits. The company plans $100 million capex by 2030 to enhance AI-led cybersecurity, expand globally, and pursue a Nasdaq listing for its US arm.
Category:
News and Media
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