Fractal Analytics on Friday said it has raised Rs 1,249 crore from anchor investors ahead of its proposed initial public offering (IPO), after allotting 1,38,69,499 equity shares to 52 anchor investors at the upper end of the price band of Rs 900 per share. The IPO will open for public subscription on Monday, February 9, […]
Indian equities are entering what Morgan Stanley’s Ridham Desai calls a “rare combination” phase that, in his view, strengthens the case for a valuation re-rating of domestic stocks. Indian stocks, Desai argues in a strategy report, now offer an unusual mix of “inexpensive relative valuations, poor trailing performance, strong policy stimulus and a consequent growth […]
Morgan Stanley raised the firm’s price target on KLA Corp. (KLAC) to $1,751 from $1,697 and keeps an Overweight rating on the shares. KLA’s earnings were “not a major surprise,” but shares were down post-market, driven by the company’s FY26 WFE market growth outlook of low-double digits including advanced packaging, which is below Lam Research’s […]
Morgan Stanley Advantage Services Private Limited has leased about 1.6 lakh sq ft of office space at Ecoworld on Bengaluru’s Outer Ring Road–Sarjapur corridor for a monthly rent of ₹1.92 crore for nearly five years, according to documents accessed by data analytical firm Propstack. Morgan Stanley Advantage Services has leased about 1.6 lakh sq ft […]
Jio Platforms Ltd. is said to have chosen Morgan Stanley and Goldman Sachs to lead its blockbuster IPO that would peg the valuation of India’s largest telecom operatort at $133-182 billion. The Jio Platforms IPO is likely to an even split of new shares and those offloaded by existing private-equity shareholders. (Bloomberg) The digital unit […]
JP Morgan Services India Private Limited has leased more than 2.71 lakh sq ft of commercial office space in Mumbai’s Powai for a five-year term at a total rental value of ₹612 crore, according to property registration documents accessed by CRE Matrix. Mumbai real estate: JP Morgan Services India Private Limited has leased more than […]
In one of Hyderabad’s largest office space transactions, WeWork India has leased 1.75 lakh sq ft at Skyview 20, a Grade-A tech park, on a five-year term with a starting monthly rent of ₹1.72 crore. The company has then sub-leased the entire two-floor space to JP Morgan Services India Pvt Ltd for 60 months at […]