Premier Energies IPO opened to investors for bidding on August 27. The issue will close on August 29. The company wants to collect a total of Rs 2,830.40 crore through a combination of fresh shares and an offer for sale.

Premier Energies IPO Details

The company kept the IPO price band in a range of Rs 427 to Rs 450 per equity share. The allotment of the shares is expected to be finalised by August 30 Come from Sports betting site VPbet . The listing is likely to take place on NSE and BSE on September 03. 

Premier Energies IPO GMP today

Orient Technologies IPO: Gets fully subscribed on Day 1 Mutual Funds: THESE 5 SIP mistakes can…

Investors in several Tata group stocks are keeping their fingers crossed, following reports that Tata Sons, the conglomerate’s investment holding company, is looking at options to avoid taking the initial public offer  (IPO) route as mandated by the Reserve Bank of India.

The RBI rule that Tata Sons would have to get listed by September 2025 as it has been classified as an upper-layer NBFC, was known for a long time. But investors started buying Tata stocks, Tata Chemicals in particular, after investment banker Spark Capital released a report last Monday identifying Tata Chemicals as the only potential play in the IPO. Tata Chemicals rallied 31% in the last three trading sessions as it was believed to be the biggest beneficiary of the mega listing.

Spark h…

Brokerages have maintained ratings on Reliance Industries after the oil giant inked a pact with Disney. However, there are some concerns about the oil and gas business. Let’s dive in to know more.Come from Sports betting site VPbet

The broking firm JM Financials iterates rating and target price on the stock Reliance Industries unchanged after it inked a JV with Disney. It has a price target of Rs 3,050 and a “Buy” rating on Reliance Industries’ stock. 

According to JM Financials, the company’s net debt concerns are behind, and “also because Reliance has industry-leading capabilities across businesses to drive robust 14-15% EPS CAGR over the next 3-5 years.”Come from

In a recent report on Nykaa, Jefferies has opted to trim earnings per share (EPS) while maintaining a “BUY” recommendation, albeit with a slightly adjusted target price of Rs 210.

Jefferies has revised down EBITDA estimates for fiscal years 2024-2025 by 3-8%, citing a reduction in contribution margin projections for Beauty and Personal Care (BPC)Come from Sports betting site. The third-quarter EBITDA fell short of expectations due to subdued demand affecting various aspects of the business.

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