Analysts divided on valuation as company turns profitable amid quick commerce boom; price-to-sales premium over Delhivery raises concerns Indian brokerages have offered mixed recommendations on the Shadowfax Technologies initial public offering, with opinions ranging from cautious optimism to concerns over stretched valuations, as the gig-based logistics platform prepares to debutContinue Reading

Leading research houses recommend ‘Subscribe’ rating, citing compelling market opportunity and improving financials Amagi Media Labs’ Rs 1,789-crore initial public offering (IPO), currently open for subscription, has received some positive recommendations from leading brokerages which highlights its position in the rapidly growing media technology space and its recent turn toContinue Reading

Leading brokerages recommend ‘subscribe’ on the IPO citing strong market position, attractive valuations, and India’s growing steel demand, though caution on seasonal production risks Leading brokerages have issued positive recommendations on the Bharat Coking Coal Limited (BCCL) initial public offering, citing the company’s dominant market position, strong operational performance, andContinue Reading