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Rajputana Stainless sets price band for ₹255 crore IPO opening March 9
Rajputana Stainless Ltd on Monday fixed a price band of Rs116-122per share for its upcoming Rs 255 crore initial public offering (IPO). The company's maiden public offering will open on March 9 and conclude on March 11, according to its statement. The IPO is a combination of a fresh issuance of up to 1.46crore equity shares and an offer-for-sale of up to 62.5 lakh shares by promoter Shankarlal Deepchand Mehta. This aggregates the total fund raising to Rs 255 crore at the higher end of the price band. The company will use the proceeds from the fresh issue to set up a manufacturing facility at Panchmahal district, Gujarat, expand its product portfolio, repay debt, and cover general corporate purposes. Incorporated in 1991 as Rajputana Steel Castings, the company transitioned into Rajputana Stainless in 2007 after a strategic restructuring. Rajputana Stainless specialises in manufacturing long and flat stainless-steel products which include billets, forging ingots and rolled black ..
Vishal Mega Mart promoter Samayat Services sells 14% stake for Rs 7,635 crore
Singapore government, MAS and HDFC Mutual Fund pick up over 6% stake in bulk deals at Rs 117 per share.
Vishal Mega Mart bulk deal: Govt of Singapore, HDFC MF buy stakes as promoter sells 14% for Rs 7,636 crore
The Government of Singapore, HDFC Mutual Fund and the Monetary Authority of Singapore bought promoter shares worth thousands of crores in Vishal Mega Mart as Samayat Services LLP offloaded a 14% stake via bulk deals. The stock fell despite solid quarterly profit and revenue growth.
AI, consumption trends put Vishal Mega Mart, MTAR Tech and IT stocks in focus: Siddhartha Khemka
Siddhartha Khemka of Motilal Oswal Financial Services highlights three parallel themes shaping markets: recovery in consumption-led retail, rising demand linked to AI infrastructure buildout, and structural changes within IT services driven by artificial intelligence adoption. While volatility may persist in the near term, sector-specific opportunities continue to emerge across retail, engineering and technology companies.
Tata Steel shares may see 15% upside on strong domestic outlook
Motilal Oswal keeps a buy rating on Tata Steel, target ₹240, citing strong demand, expansion, EU recovery, and price support. Shares rose 53.8% in a year.
Buy Hindalco; target of Rs 1110: Motilal Oswal
Motilal Oswal is bullish on Hindalco recommended buy rating on the stock with a target price of Rs 1110 in its research report dated March 16, 2026.
Buy JSW Steel; target of Rs 1520: Motilal Oswal
Motilal Oswal is bullish on JSW Steel recommended buy rating on the stock with a target price of Rs 1520 in its research report dated Jun 16, 2026.
Buy JSW Steel; target of Rs 1400: Motilal Oswal
Motilal Oswal is bullish on JSW Steel recommended buy rating on the stock with a target price of Rs 1400 in its research report dated March 10, 2026.
Buy NMDC; target of Rs 106: Motilal Oswal
Motilal Oswal is bullish on NMDC recommended buy rating on the stock with a target price of Rs 106 in its research report dated June 01, 2026.
Buy Adani Ports and SEZ; target of Rs 2050: Motilal Oswal
Motilal Oswal is bullish on Adani Ports and SEZ has recommended buy rating on the stock with a target price of Rs 2050 in its research report dated Jun 30, 2026.
Buy Jindal Steel; target of Rs 1400: Motilal Oswal
Motilal Oswal is bullish on Jindal Steel recommended buy rating on the stock with a target price of Rs 1400 in its research report dated May 03, 2026.
Buy TATA Steel; target of Rs 250: Motilal Oswal
Motilal Oswal is bullish on TATA Steel has recommended buy rating on the stock with a target price of Rs 250 in its research report dated May 06, 2026.