Latest business news
Retaggio Industries IPO: The initial public offer (IPO) of Retaggio Industries, which opened for subscription on Thursday, March 27, was subscribed only 31% at the end of the first day of the book-building process. In the grey market, too, the demand for Retaggio Industries shares was absent as the stock traded at par with its…
Here’s a quick look at stocks likely to be in focus in today’s trade. Reliance Industries Reliance Industries Ltd. has halted additional purchases of Venezuelan crude following U.S. President Donald Trump’s approval of a 25% tariff on nations importing oil from the South American country. Adani Enterprises According to a PTI report, the Adani Group…
Despite being down 20 percent from its peak, Kotak Securities has recommended a ‘Buy’ rating on Reliance Industries (RIL), setting a 12-month target price of ₹1,400, citing strong growth prospects in retail, telecom, and quick commerce segments. This target implies an almost 10 percent upside potential from previous close. Kotak Expects RIL’s Retail Business to…
