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Rubicon Research’s IPO, backed by Arihant Capital with a “Subscribe” rating, highlights the company’s strong growth and diversified pharma portfolio. The US-focused generics and specialty drug player has seen revenue jump to Rs 12,962 crore in FY25 and net profit rebound to Rs 1,344 crore. The IPO is fairly valued, aiming to attract both institutional and retail investors.

Waaree Renewable share price: It reported a more than twofold jump in consolidated net profit to Rs 116.34 crore in Q2 FY25 from Rs 53.51 crore a year earlier, driven by record revenues and strong project execution. The company attributed the performance to sectoral tailwinds and its expansion into new energy segments such as battery storage systems and data centres.

Indian benchmark indices Sensex and Nifty opened lower Monday, impacted by financial and oil & gas sector declines. Renewed global trade tensions, fueled by U.S. President Trump s actions against Beijing and China s rare earth export restrictions, rattled investor sentiment. Investors also closely monitored the market debut of Tata Capital, the year s largest IPO.

With Nifty trading near year-ago levels, Samvat 2081 has seen a time correction rather than a price correction, amid slowing earnings, valuation concerns, Trump tariff overhangs, and FII outflows. Analysts say valuations are in neutral territory, limiting re-rating potential but providing a stable base. Earnings revival from H2FY26 and a possible US–India trade deal could support a medium-term recovery despite short-term caution.

Railway Minister Ashwini Vaishnaw tested the Indian navigation app Mappls by MapmyIndia, praised its features, and encouraged public use. He also announced that Indian Railways will soon sign an MoU with the Google Maps rival, highlighting the app’s advanced capabilities in a social media post.

The Indian rupee weakened by 5 paise to 88.77 against the US dollar on Monday. This movement occurred amid global risk aversion and a strong dollar. The Reserve Bank of India is closely watching the rupee s depreciation. Domestic equity markets also saw a decline. Foreign investors were net buyers of equities on Friday. India s forex reserves experienced a slight decrease.

Tata Capital shares debuted on stock exchanges with a modest gain. The IPO saw strong demand from institutional investors. Proceeds will bolster the company s capital base for future lending. Tata Capital has shown steady revenue and profit growth in recent fiscal years. This listing marks a significant step for the Tata Group s financial services arm.

The company has fixed Tuesday as the record date to determine shareholders eligible for the stock split in the ratio of 1:10. Under the split, each existing equity share of face value Rs 10 will be subdivided into 10 equity shares of face value Re 1 each, fully paid up.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.