Technocraft Ventures has outpaced LEAP India in both grey market premium and subscription demand on the final IPO day, with GMPs indicating potential listing gains of 14% and 8%, respectively.
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Technocraft Ventures has outpaced LEAP India in both grey market premium and subscription demand on the final IPO day, with GMPs indicating potential listing gains of 14% and 8%, respectively.
Nifty IT gained 0.86%, while Nifty Metal rose 0.18% and Nifty Realty advanced 0.07%. Nifty Financial Services fell 0.68%, followed by Nifty Bank at 0.62% and Nifty PSU Bank at 0.55%.
Despite temporary weakness in corporate travel, Lemon Tree Hotels delivered steady Q1 growth, expanded its portfolio, and remains well positioned to benefit from strong demand in India's mid-market hospitality segment.
Gland Pharma shares soared as much as 9.80% in early trade before dropping a little to trade 7.9% higher.
NSE's fourth-largest shareholder joins the offer for sale two months after the DRHP, but the total size of India's biggest IPO stays unchanged.
While both Citi and BofA have raised their target prices citing improving business momentum and strong monetization prospects, Macquarie remains highly cautious, flagging potential long-term disruptions from artificial intelligence on hiring velocity.
The company reported a 434.4% year-on-year rise in revenue to Rs 68.5 crore from Rs 12.8 crore for the June quarter.
During the quarter, Kolte-Patil launched around 0.78 million sq ft of saleable area. Its Life Republic township in Pune and the Mumbai Metropolitan Region (MMR) contributed nearly 34% and 30%, respectively, to overall pre-sales.
The US Geological Survey (USGS) placed the earthquake at a depth of approximately 107 km, while Colombia's Geological Service described it as the strongest earthquake recorded in the country during the 21st century.
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