Amit Mudgill

Along with strong growth, Ather’s premium positioning keeps long-term margin potential in the range of 15-20 per cent, Nomura said as it believes Ather’s premium valuation at 5-7 times EV/sales should sustain.

CPCL, MRPL: Choice said the upcoming September–November refinery maintenance cycle should further tighten product availability and provide additional support to refining margins.

Executive Director Akshali Shah said the launch marks an important step in Parag Milk Foods’ evolution from a dairy-led company to a broader nutrition-led food business.

JM said the company is transitioning its specialty chemicals portfolio away from base products such as methyl paraben and salicylic acid towards higher-growth and high-value applications.

Manipal Health shares: JPMorgan's Bansi Desai suggested a 'Neutral' and a target of Rs 800 on the stock, valuing the stock in line with Apollo Hospitals Ltd, at 10-15 per cent discount to Max Healthcare.

Maulik Patel of Equirus Securities said Petronet LNG is more exposed to LNG affordability and regasification volumes. Qatar normalisation, tariff visibility and petrochemical capex remain key watchpoints.

NSE IPO: Only Hyundai Motor India Ltd raised a higher amount, at Rs 27,858.75 crore, in Indian market history. That IPO hit the market in October 2024.

As per data compiled from PRIME Database, 62 mainboard IPOs together raised Rs 73,673.54 crore between January and August. Besides, 126 SME IPOs collectively raised Rs 5,738.88 crore via IPOs during the said period.

At exchange rate of Rs 95.71 a dollar level, NSE's issue would be valued at $46.18 billion, making its the seventh most-valued exchange, just ahead of Coinbase Global INC, which was last valued at $45.45 billion.

At the upper limit of the IPO price band of Rs 1,700-1,785 apiece, NSE, the largest stock exchange, will be valued at 42.88 times its FY26's EPS of Rs 41.62 apiece. BSE, the second largest exchange, is valued at 52.68 times.