State-run power major NTPC reported an over 8% growth in its consolidated net profit in the December-ended quarter to Rs 5,489 crore versus Rs 5,063 crore in the year ago period. The profit is attributable to the owners of the parent company. The company’s revenue from operations in Q3FY26 stood at Rs 45,846 crore versus…
Shares of newly listed Bharat Coking Coal (BCCL), after a blockbuster debut at a 97% premium, are on course to emerge as the best-performing IPO on listing day since December 2024, assuming current levels at about 83% hold through the close. The last stock to deliver superior listing gains was One Mobikwik Systems, which ended…
International brokerage Morgan Stanley has initiated coverage on newly listed Meesho with an Equal-weight rating and a target price of Rs 169 per share, citing full valuations following the stock’s strong post-listing run-up. The target price suggests an upside of about 3% from current levels. The brokerage said valuations look full as Meesho’s advertising business…
Meesho’s Rs 5,421 crore initial public offering drew heavy investor traffic on Thursday, with bids piling up more than three times the shares on offer by Day 2 and grey-market premiums hinting at a listing pop of over 40%, setting the stage for one of the year’s most closely watched debuts as investors weigh rapid…