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The SME IPO market in India is slowing down due to stricter regulations. Subscriptions and listing gains have declined. The new norms aim to enhance market stability by ensuring only financially strong companies get listed. This shift follows concerns about price manipulation and inflated valuations, aiming to improve the quality of listed companies.
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Several brokerages remain bullish on seven stocks, including IndusInd Bank, SBI, and ACC, predicting potential rallies up to 51%. Analysts believe these stocks, reflecting strong buys across the banking, finance, and cement sectors, could see significant upside based on their current market prices.
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The aviation giant accused the union of not giving its proposals serious consideration.
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