 |
|
|
|||||
NSDL's IPO witnessed significant investor interest, being oversubscribed 41 times, driven primarily by QIBs. Grey market premiums suggest a strong listing, with brokerages recommending a 'Subscribe' rating for long-term investors, citing NSDL's market position and growth potential. The IPO price was set between Rs 760 to Rs 800 per share.
Category:
News and Media
Swiggy shares slipped 4% after Q1 losses doubled, but Jefferies upgraded the stock to Buy with a Rs 500 target, citing a likely bottom in profitability. The brokerage expects easing competition and a pause in dark store expansion to aid recovery, though volatility may persist due to Swiggys low-margin base and high-risk profile.
Category:
News and Media
Ray Dalio has sold his remaining stake in Bridgewater Associates. He founded the hedge fund 50 years ago. Brunei Investment Agency has acquired a minority stake in the firm. Dalio resigned as CEO in 2017. He handed over control in 2022. Bob Prince is now Bridgewater's biggest individual partner. The firm is controlled by a group of employees.
Category:
News and Media
All news |
||||||||||||||||||
|
||||||||||||||||||