News Overview

The IPO price ban ranges between ₹342-360

Companies having exposure to the Discretionary segment (Dyes, Pigments and Polymers) performed better.

The selling shareholders in the OFS included International Finance Corporation, NYLIM Jacob Ballas India Fund III LLC, and Resurgence PE Investments.

While Crompton’s core performance was strong, losses in BGAL led to flat PAT.

The number of Paytm app downloads fell by 55% to 60,627 on February 19 from 135,139 on February 1

Trent continues to be an outlier, driven by aggressive store additions in Zudio as well as healthy SSS growth in its fashion concepts (Westside + Zudio).

The decision to raise funds through multiple channels was ratified during a board meeting held earlier in the day

The management has laid out an ambitious target of Rs.100bn in third year of full scale operations

The remarks coincide with industry participants placing large bets on the ornamental cement market

Yulu has raised $104 million from investors, excluding this current round.