Sahajanand Medical Technologies is another company reported to be part of this week’s IPO pipeline. The company operates in medical technology, including devices used in healthcare and interventional procedures.
Sahajanand Medical Technologies is another company reported to be part of this week’s IPO pipeline. The company operates in medical technology, including devices used in healthcare and interventional procedures.
The Reserve Bank of India announced measures over the weekend aimed at supporting the rupee and managing demand for dollars in the foreign-exchange market. The steps include changes affecting oil companies’ dollar purchases and tighter rules for certain currency-hedging transactions.
Gold and silver prices remained in focus on Monday as investors assessed geopolitical uncertainty, interest-rate expectations and movements in the US dollar.
International oil prices declined on Monday, with Brent crude trading near $103 a barrel, as markets weighed the possibility of increased Russian supply. US President Donald Trump said Russia and Ukraine had agreed to stop attacks on each other’s energy infrastructure, although uncertainty remained over the status and implementation of the proposed arrangement.
A proposed halt to attacks on Russian and Ukrainian energy facilities remained uncertain on Monday.
Asian stock markets showed a mixed trend on Monday as investors prepared for corporate earnings announcements and assessed geopolitical developments. Some regional indices declined, while others posted gains, reflecting different responses to energy prices and the outlook for global growth.
Poonawalla Fincorp reported a substantial increase in its September-quarter earnings, with net profit rising to approximately Rs.374.85 crore from around Rs.74 crore in the corresponding period last year.
Avenue Supermarts Ltd., which operates the DMart retail chain, reported an increase in September-quarter revenue compared with the year-earlier period. The company’s quarterly update put revenue at around Rs.19,644 crore, while net profit rose to approximately Rs.743.5 crore.
KEC International Ltd. has secured new orders worth Rs.1,014 crore in India’s transmission and distribution segment. The fresh wins add to the company’s order intake as it pursues projects linked to power infrastructure and grid expansion.
Zetwerk Manufacturing Business Ltd. has set a price band of Rs.143–151 per share for its initial public offering, which is scheduled to open on October 15 and close on October 19, 2026. The issue is valued at approximately Rs.5,012.33 crore, with a tentative listing date of October 23.
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