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Upcoming IPO in December of 7 companies :

These seven below-listed companies will collect around INR 19,000 crore amount through IPOs.

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    1. Adani Wilmer- INR 4500 crore


  2. Go first airline- INR 3600 crore


   3. Tega Industry- INR 620 crore


  4. Star health insurance- INR 7250 crore


   5. Map India - INR 1500 crore


  6. RateGain Travel - INR 1200 crore


  7. Anand Rathi wealth- INR 700 crore


SEBI has been also approving the below companies' IPO which will come in the upcoming months:


  1. India 1Payments.


  2. VLCC Health


  3. AGS Transact Technologies


  4. Healthium Medtech


Stock Market Updates :


Go Fashion IPO: Go Fashion IPO is listed on NSE & BSE at 90% (1316.00 INR). As market expert advice, if you are a short-term investor then book the profit with 1150.00 stop loss, and for long-term gain hold the shares. And those investors who have not received the shares will purchase the shares at INR 1100.00  when the shares price is down. It's a very good IPO is like Latent View, so maybe investors will be more interested in this share. So, keep watching when the share price will down for entry. 


Zee Entertainment Enterprises: ZEE entertainment and Invesco (the largest shareholder in Zee) case hearing today. (Share Price – INR 334.00 ).


Reliance Industries Ltd.: Reliance Industries clarify that they have no plan to purchase the UK Company of BT group. (Share Price – INR 2468.00).


Reliance Capital: RBI has been dismissing the board of Reliance Capital due to default and serious governance concerns and appointed Mr. Nageshwar Rao as an administrator (Share Price –  INR18.10).


Ratnamani Metals and Tubes Limited: Ratnamani metals have received an order in the Oil & Gas sector of 298 Cr. (Share Price –  INR 2149.80).


Mastek: Masket UK subsidiary has been received the 450Cr. Order with 4 years contract. (Share Price – 2613.00 INR).


Coal India: The company has announced the INR 9.0 dividend for shareholders. So focus on coal India shares.


Mr. Jack Dorsey has resigned as the CEO of Twitter and The new CEO of Twitter is Mr. Parag Agrawal.


As per Indian government guidelines, the RT-PCR Test is mandatory from 1st December for international passengers.


Tega Industries: The IPO has been fulfilled 4.67 Times first day of opening.


Maruti Suzuki: As per news Maruti production in November month has down from 15,00,221 units to 1,45,560 units (around -3%). Maruti will increase the price of cars in January 2022 for all models due to high making charges and raw material costs.


Raymond: Raymond's IPO JK files and Engineering has been approved by the board. They bring in 800 crores through OFS.


Aviation Sector: 


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Everyone focuses on the aviation sector shares as the Maharashtra government reviews its covid-19 guidelines for international passengers and issue the new guidelines for omicron virus and RTPCR test mandatory also.


Mahindra Logistics: Mahindra logistic agreement with Logos Company for a warehouse facility.


Nykaa: Currently Nykaa has 84 retail stores in India. In the future, they open 300 offline stores in 100 cities in India.


JM Projects: The company has received an order of INR 1,795 crore where the company market cap is INR 1,540 crore.


Coal India: Coal India is increasing its production from 51.7 metric tons to 53.8 metric tons.


NMDC: The business update of NMDC is iron ore production is down from 3.3 metric tons to 2.88 metric tons and total production is from 3.32 metric tons to 3.4 metric tons.


Globus Spirit: Globus spirit has received the tender of INR 9.68 crore ethanol, supplied to OMC. The ethanol price is INR 52.92/liter.


IIFL Finance: The block deal has been confirmed that a small-cap fund has bought the 1 crore shares (share price is INR 300/-). They increase his shareholding (4.6%) share.

Lupin (Pharma Share):  


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Lupin has an agreement with TTP plc UK to develop the inhalation technology and make medicine and exclusive rights also. Focus this share on your portfolio.


Coastal Corporation: The Company has started the 150 core ethanol major projects. The company subsidiary coastal biotech start ethanol production in FY 2023. The stocks majorly react with a 17% gain.


L&T: Focus on L&T shares, as L&T has an agreement with renewable energy for the green hydrogen technology business.


Star Health Insurance IPO: Star health and allied insurance IPO is closed today. And the price band is INR 870-900.


Foreign Investment Reports:


As per RBI regulation, Foreign Institutional Investors (FIIs) are allowed to invest in the primary, and secondary capital markets in India through the portfolio investment scheme (PIS). The RBI monitors the ceiling for FII/NRI/PIO investments in Indian companies on a daily basis. Today's scenario is Foreign investor has been trusted on retail shares that the shares will provide a good return in the future. 


SBI: As per Goldman Sachs reports you should invest in SBI for a good return. 

Share Price – INR 472.00 

Target Price - INR 739.00  


Bharti Airtel: As per Credit Suisse reports you must invest in Bharti Airtel and they provide the below target.

Share Price – INR 747.0

Target Price – INR 835 to 900.0  


Devyani International Ltd.: Devyani International is the largest food operator’s chain restaurant that provides quick services in India. The business of Devyani is growing after the lockdown. As per Jefferies reports the target has been changed of the share as below: 

Share Price – INR 148.0

Target Price – INR 185.0 


BPCL: As per UBS reports BPCL maybe perform well after its privatization by the government of BPCL. The government is selling the 53.98% stake of India’s second-largest fuel retailer Bharat Petroleum Corporation Ltd. 

Share Price – INR 377.0

Target Price – INR 600.0  


Reliance Industries Ltd.: Credit Suisse is neutral on Reliance Industries. And they provide the target of Reliance as below: 

Share Price – INR 2468.00 

Target Price – INR 2510.00 


VI: Credit Suisse has been giving the underperform rating on Vodafone-Idea. 

Share Price – INR 11.20 

Target Price – INR 7 to 8 


NYKAAAs per an HSBC report the beauty & personal care market is increasing 6 times in 15 years. So HSBC advised buying the share for a target of INR 2900.


IEX: The UBS report is negative on IEX. They advise selling the stock with INR 680 target.


SBI Card: Morgan Stanley gives the overweight rating on the SBI card. They give the advice to buy the share and the target is INR 1350.


L&T: Jefferies report on L&T is outperforming. They advise buying the L&T and the target of the share is INR 2405.


Tech Mahindra: Jefferies report on tech Mahindra to buy the share with INR 1950 target.


TATA Motors: Macquarie and Namura give the outperforming rating to Tata Motors, they advise buying the share. Macquarie's target is INR 568 and Namura's target is INR 582.


Mahindra & Mahindra: Macquarie reports on M&M to buy the share and the target is 1180 INR.


HCL Tech: Macquarie gives the outperform rating to HCL Tech and the target is INR 1620.

Asian Paints: Macquarie give the outperforming rating to Asian paints and give the target INR 3900.





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