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Indiqube Spaces shares experienced a decline after a weak stock market debut, trading below the IPO price due to investor concerns about valuation and profitability. Despite short-term skepticism, the company's business model in flexible workspaces and strong EBITDA margins offer long-term potential. Analysts suggest a neutral stance, closely monitoring performance and expansion strategies.
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News and Media
The Laxmi India Finance IPO, open for bidding from July 29 to 31, is a book-built offering with a price band of Rs 150158 per share. The issue includes a fresh equity issuance of 1.04 crore shares aggregating Rs 165.17 crore and an OFS of 56.38 lakh shares valued at Rs 89.09 crore by existing shareholders.
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News and Media
Varun Beverages' shares surged following an impressive 5% year-on-year increase in profit after tax, reaching 1,325.49 crore for the first quarter of FY26. Despite a slight dip in revenue and domestic sales volume pressures, the company's strong performance was bolstered by margin expansion and operational efficiencies.
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News and Media
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