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The Bharat Coking Coal IPO is a book-built issue valued at Rs 1,071.11 crore. The buzz around the issue comprises an offer sale of 46.57 crore equity shares, which leads to no fresh funds being raised by the company, and the proceeds will go to the selling shareholder, Coal India Limited.
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News and Media
A day after Reliance Industries (RIL) shares fell 4.4%, wiping out Rs 94,000 crore in market value, Jefferies raised its 12-month price target to Rs 1,830, maintaining a Buy rating. The brokerage cited a potential Jio tariff hike and an IPO of the telecom arm as key triggers for the conglomerates next rerating, implying roughly 21% upside.
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News and Media
Ray Dalio argues that currency moves, golds surge and global capital reallocation defined markets in 2025, not US equity rallies. He warns of low future returns, stretched valuations and rising risks from debt, geopolitics and weakening demand for government bonds.
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News and Media
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