Page 3 - Icici Securities

Prudent Corporate Advisory Services fixes IPO price at Rs 595-630 per share

The three-day initial share-sale will open for public subscription on May 10 and the bidding for anchor investors will open on May 9, according to the company

Signs of better investment cycle pushes corporate profits: ICICI Securities

On an aggregate basis, corporate profits are expected to grow in a range of 15 per cent-30 per cent over FY22-FY24E with the NIFTY50 likely to grow at the lower end of the range

Angel One soars 18%; ICICI Securities drops 5%

Angel One saw its stock end the day at Rs 1,918.7, valuing the company at Rs 15,910 crore.

'Lower than industry's demand': Analysts on Trai 5G price recommendations

The reduction proposed in pricing, though largely on expected lines, is not in sync with the 90% drop that the industry had been asking for, the experts said

ICICI Securities gives 'buy' call for Indian Hotels, Lemon Tree

Brokerage house ICICI Securities has given a 'buy' call for hospitality stocks such as Indian Hotels Company and Lemon Tree Hotels.

Block, stock, and trades: Block trades gather steam and what this suggests

Investment bankers say successful execution of large block trades is a healthy sign and could pave the way for large initial public offerings (IPOs) and additional fund-raising by listed companies

Street signs: Gail buyback, Medical device makers to gain, and more

Brokerages are advising their retail clients to buy shares of Gail to take advantage of the arbitrage opportunity.

Foreign investors likely to return to Indian equities soon: Chris Wood

Foreign portfolio investors exited India in droves and have sold stocks since October 2021 amid fears of an earlier and faster-than-expected rate hike by the US Federal Reserve (US Fed)

A Rs 12 hike in petrol, diesel price needed to break-even: ICICI Securities

Crude oil prices shot above USD 120 a barrel for the first time in nine years on Thursday before retreating a little to USD 111 on Friday, but the gulf between cost and retail rates has only widened

Vinay Rajani recommends buying ICICI Securities, Prestige Estates

According to Vinay Rajani of HDFC Securities, Nifty has got strong support at 17,944. High of 18,350 registered on Tuesday could act a short term resistance for the index.

ICICI Securities profit after tax up 42% to Rs 380 crore in Q3

The company had posted a PAT of Rs 267 crore in the corresponding quarter of the preceding financial year, ICICI Securities stated

Gokaldas Exports inches towards record high; surges 36% in one month

Brokerage ICICI Securities has maintained a BUY rating on Gokaldas Exports with a revised target price of Rs 425.

ICICI Securities Q2 PAT up 26% to Rs 351-crore on revenue growth

ICICI Securities on Tuesday reported a 26 per cent jump in profit after tax to Rs 351 crore in the three months ended September 2021 on account of growth in revenue and improvement in margins

Macleods Pharmaceuticals picks banks for $1-billion offering

The Mumbai-based company is planning to file its initial draft prospectus by January and is targeting a listing as soon as next year, the people said

LIC IPO bankers quote base fee of Rs 1 crore: Check details here

10 investment banks to divide fee pool; opt to go out-of-pocket

Indian investment bankers tighten grip over the league table

ICICI Securities, Axis, Kotak among top 5 managers of equity issuances

IDFC soars 19% as RBI allows company to exit as promoter of IDFC First Bank

IDFC stands to benefit as a reverse merger could help unlock shareholder value, removing the holding company discount, ICICI Securities said in a note

ICICI Securities Q1 profit surges 61% to Rs 311 cr; revenue up 37%

ICICI Securities has reported a 61 per cent jump in profit after tax to Rs 311 crore in three months ended June 2021 on account of growth in revenue and improvement in margins

Zomato IPO: Subscribe for listing gains, suggest brokerages

Zomato IPO is set to be a watershed moment in the Indian internet space, Jefferies said in a note

PNC Infra surges 9%, nears record high on strong order book position

As of March 31, 2021, the value of contracts under PNC Infartech's execution stood at Rs 11,648 crore