Orkla India Ltd., the parent of brands such as MTR Foods and Eastern Condiments, is gearing up for its initial public offering (IPO) scheduled from 29th to 31st October 2025.The company has set a price band of ₹695 to ₹730 per share.
CITI on Voda Idea & Indus Tower
Voda Idea stated that Supreme Court “has permitted GOI to consider grievances of Co on issues relating to AGR”
Believe this could have significant positive ramifications for Voda Idea &, by extension, for Indus Towers
With a large lumpsum amount towards AGR dues coming up for payment by VI to govt. in Mar’26, believe that relief should be forthcoming well ahead of this deadline – ie, in coming weeks & months
Indus Tower – Buy, TP Rs 460
Voda Idea – Buy/High Risk – TP Rs 10
Nifty Outlook: 25,966.05 FII: -Rs.55.58 cr DII: Rs.2,492.12 cr
As discussed yesterday, market behaviour remained on expected lines as Nifty continued its uptrend and moved up to our resistance level of 26,005, making a day high of 26,005.95.
Open Interest Position:A. FIIs bought 4,303 lots in index futures and created shorts in 5,388 lots (net -1,085 lots).B. DIIs booked profit in 474 lots and covered shorts in 20 lots (net -454 lots).C. Clients and retail booked profit in 3,949 lots and created shorts in 950 lots (net -4,899 lots).D. Proprietary traders created long […]
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