Saturday, May 21, 2022

Daily Voice | Sonam Srivastava of Wright Research advises caution on eMudhra IPO, expects tepid listing for Delhivery, but Venus at premium

Sonam Srivastava "The IPO market premium is primarily linked to the sentiment in the secondary markets. When the markets are euphoric, IPOs demand premium valuations, but no one likes an overvalued company in tough times, especially if the profits are low."

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-sonam-srivastavawright-research-advises-cautionemudhra-ipo-expects-tepid-listing-for-delhiveryvenus-at-premium_16408461.html

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Titagarh, Jupiter Wagons shares rally up to 10% amid reports of Rs 40,000 crore order from Indian Railways

Railway stocks surged up to 10% on Monday. Indian Railways is preparing a large tender for one lakh freight wagons. This procurement is expe...