The financial year 2024 saw significant increase in the number of IPOs in the primary market compared to financial year 2023. Most IPOs in fiscal year 2024 witnessed substantial subscriptions and positive market movements during their listing days as S&P BSE IPO index surged 69%. Most IPOs in fiscal year 2024 witnessed substantial subscriptions and positive market movements. Here's a …
Brokerage firm ICICI Securities has initiated coverage on SignatureGlobal India with a ‘Buy’ rating and a target price of ₹1,705, implying an upside of 20% from Monday’s closing price. “Our multiple of 9x is at a 40% discount to DLF, its closest peer – considering Signature would need to reinvest internal accruals for land bank replenishment while DLF has the …
