Latest Stock Market News

Yes Bank share price: SMBC has become the largest shareholder in Yes Bank after acquiring an additional 4.22% stake for Rs 8,888.97 crore, raising its holding to 24.22% and overtaking SBI. The deal, executed via Carlyle affiliate CA Basque, strengthens SMBC’s India banking presence.

Justo Realfintech is set to launch its Rs 63 crore IPO on September 2026, aiming for a BSE SME listing on October 1. The company, a full-service real estate mandate firm, plans to utilize the IPO proceeds for working capital, IT infrastructure, and debt repayment. With strong financial growth, Justo Realfintech has facilitated sales of over 11,250 housing units.

HSBC has upgraded India’s equities to ‘Overweight’ from ‘Neutral’, citing strong domestic investor flows, supportive government policies, and attractive valuations. The firm projects the Sensex could reach 94,000 by the end of 2026, highlighting India’s resilience amid broader Asian market volatility and policy-driven growth.

Epack Prefab Technologies is launching its IPO on Wednesday. The IPO is worth Rs 504 crore. It includes a fresh issue and an offer for sale. The price band is Rs 194-204 per share. The company focuses on pre-engineered buildings and EPS packaging. They have completed many projects for big clients. The IPO aims to expand capacity.

VMS TMT, a Gujarat-based steel manufacturer, is set to debut on the stock exchanges on September 24, following its Rs 148-crore IPO. The IPO, priced between Rs 94 and Rs 99 per share, saw decent subscription levels. The company intends to use the IPO proceeds to repay debt and for general corporate purposes, with promoter holding decreasing post-issue.

Jain Resource Recycling s Rs 1,250 crore IPO opens on Tuesday, featuring a fresh issue and offer-for-sale. Priced at Rs 220-232 per share, the IPO aims for a post-issue market cap of Rs 8,006 crore. The company, a key player in non-ferrous recycling, reported strong FY25 revenue and profit growth, with analysts recommending a Subscribe-Long Term approach despite stretched valuations.

Ventura Securities predicts a rise in Tata Investment Corporation shares. The target is Rs 12,000 from the current level. The stock shows a strong breakout with high trading volumes. Technical indicators also suggest a positive trend. Shareholders have approved a stock split. The stock recently hit a new 52-week high. This reflects strong investor confidence in Tata Investment.

Sampat Aluminium is set to list on the Bombay Stock Exchange SME platform on Wednesday. The Initial Public Offering saw massive investor interest, subscribing 169.09 times. The IPO included 25.44 lakh fresh shares priced between Rs 114 and Rs 120. The grey market premium indicates positive sentiment. The retail portion was subscribed 161.68 times.

Swiggy s board has approved the sale of its stake in Rapido. The sale will be to MIH Investments One B.V. and Setu AIF Trust. The total value of the deal is Rs 2,399 crore. Swiggy will also transfer its Instamart business to a subsidiary. The transfer includes all assets and liabilities. The deal awaits regulatory and shareholder approvals.

Mazagon Dock share price: Mazagon Dock Shipbuilders signed an MoU with Guidance Tamil Nadu to explore a greenfield shipyard on India’s eastern coast. The agreement, formalised at a Ministry of Defence event, underscores MDL’s plans to expand its footprint and enhance shipbuilding capabilities in the region.