The recent rally in Tata Group stocks has taken the market by storm, with companies like Tata Investment Corporation and Tata Motors experiencing significant gains. This surge is fueled by growing excitement over the anticipated Tata Capital IPO, which promises to be a major financial event. In this article, we’ll explore the key reasons behind…
Introduction The term “Indian ADR surge” has gained significant attention recently as American Depositary Receipts (ADRs) of major Indian IT firms, including Infosys and Wipro, experienced notable gains on the New York Stock Exchange (NYSE). Infosys ADRs rose by 3.58% to $23.46, and Wipro ADRs climbed 2.40% to $2.7171. This surge followed Accenture’s impressive quarterly…
There was a significant development in the Indian electronics manufacturing landscape, as Dixon Technologies entered into a joint venture with Vivo India. Announced on December 15, 2024, the partnership aims to grow Dixon’s original equipment manufacturer (OEM) business and strengthen its foothold in the smartphone manufacturing space. The news triggered a surge in Dixon Technologies…
GNG Electronics, a major player in India’s ICT (Information and Communication Technology) refurbishment industry, is preparing to raise ₹825 crore through its initial public offering (IPO). The company filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on December 14, 2024. This is a significant step towards capital…
The eagerly awaited Mobikwik IPO has arrived, representing a pivotal moment for One Mobikwik Systems Limited, a prominent name in India’s digital payments and fintech industry. Opening for public subscription from December 11 to December 13, 2024, this IPO has sparked widespread interest as investors assess its potential to enhance their portfolios. In this blog,…
