HSIE Results Daily: ONGC, Apollo Hospitals Enterprise, Jindal Steel..
ONGC: We maintain our REDUCE rating on ONGC, with a target price of INR 220 as we expect slower ramp-up in oil & gas production Q1FY26...
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Hexaware Technologies IPO Lockup Expiry - US$2.89bn Lockup Release with Carlyle in the Money
Hexaware Technologies raised US$1bn from its India IPO in Feb 2025. The lockup on its pre-IPO investors is set to expire soon.
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Knowledge Realty Trust IPO - Steady FY25 Growth, Digestible Pricing
Knowledge Realty Trust (KRT) is looking to raise around US$551m in its India IPO. The trust undertook a pre-IPO round of around INR14bn (US$160m)...
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National Securities Depository Limited (NSDL) IPO Trading - Strong Demand, Set for a Pop
National Securities Depository Limited NSDL (NSDL IN) raised around US$460m in its India IPO. In this note, we talk about the trading dynamics.
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JSW Cement Pre-IPO - Leveraging Synergies of the JSW Group but Has High Debt
JSW Cement has launched a smaller IPO of up to INR 36bn (US$412m) in a INR139–147 range, with the primary component cut down to INR 16bn from INR...
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