SBI Funds Management Ltd., India's largest asset management company by mutual fund assets, has fixed the priced band in the range of Rs 545 to Rs 574 per share.
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The sharp upmove has been driven by a combination of strong quarterly business performance, upbeat brokerage commentary and favourable sector sentiment.
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The brokerage upgraded Astral to 'Overweight' from 'Equal-weight' and raised its target price to Rs 1,660 from Rs 1,378. It also upgraded Kajaria Ceramics to 'Equal-weight' from 'Underweight', increasing its target price to Rs 1,410 from Rs 912.
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Motilla Oswal sees upto 26% upside for Saatvik Green Energy as it initiates coverage, cites multiple growth triggers.
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The IRGC accused Washington of attempting to 'provoke and guide' vessels through the route, describing the US as 'the American child-killing army' that had 'not learned from its repeated failures.'
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SBI Funds Management's Rs 9,795 crore IPO opens July 14-16 with a price band of Rs 545-574 per share, offering up to 17.09 crore equity shares via offer for sale by SBI and Amundi.
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While Dhamaal 4's collections dropped sharply from Sunday's peak, the film has already crossed the Rs 100 crore mark worldwide in just four days.
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The broader market is facing pressure too, with the Nifty Smallcap 250 falling almost 1%, and the Nifty Midcap 150 dropping about 0.63%.
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Citi has ranked Indian Oil Corporation Ltd. (IOCL) as its top pick, followed by Bharat Petroleum Corporation Ltd. (BPCL) and Hindustan Petroleum Corporation Ltd. (HPCL). Upstream SOEs Face Different Pressures.
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India launched its campaign for a non-permanent UNSC seat for 2028-29, with S. Jaishankar unveiling the SHANTI vision focused on global peace, reformed multilateralism, peacekeeping, maritime security, AI governance, counter-terrorism and a stronger Global South voice.
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Dhamaal 4 had an overall occupancy of 17.79% on July 13.
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Starring Nawazuddin Siddiqui, Tumbbad 2 will be released in the theatres on December 3, 2027
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The US-Iran war triggered flight disruptions and a surge in jet-fuel prices - which accounts for about 40 per cent of an airline's operating costs - creating fresh financial pressure.
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In the last two months, 18 maternal deaths have been reported across five districts in Rajasthan, raising serious concerns about the healthcare system.
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According to the report, the tankers, Mombasa and Al Bahiyah, were struck while transiting the southern passage of the Strait of Hormuz.
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