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The issue closed on February 9 and was completely a fresh equity issue of Rs 600 crore. Ahead of the issue opening, the company raised Rs 180 crore from anchor investors, where White Oak Capital, Ashoka India, ICICI Prudential, Volrado Ventures among others invested.

Global broking firm Macquarie, which has shared a love-hate relationship with Paytm stock, has downgraded the new-age stock to underperform with a target price going as low as Rs 275.

Post the allotment, the company saw a jump in its GMP and is currently at Rs 175, more than double that of the issue price. The IPO was priced at Rs 115 at the upper end.

The ace investor owns more than 50 stocks, the value of which is estimated to be around Rs 5,000 crore. While multibagger BSE is his largest bet where he held around 1.5% stake at the end of the December quarter, 11 of his bets have given double-digit returns in 2024 so far.

The global investment bank sees 47%/50% CAGR for Airport/ANIL EBITDA over FY24-FY28. The balance sheet is well-placed to take up the rise in capex.

On Tuesday, the MCX Gold April contract closed at Rs 61,497, down by Rs 7 or 0.01% while the March Silver futures settled at Rs 69,622, up by Rs 17 or 0.02%.

About 10 companies posted a profit in the quarter ended December, after reporting losses in the preceding three quarters, data by Ace Equity showed.

Among other important results will be those Aditya Birla Fashion and Retail (ABFRL), Crompton Greaves Consumer Electricals, Eureka Forbes, IPCA Laboratories, KPI Green Energy, Liberty Shoes, Natco Pharma, National Fertilizers, Narayana Hrudayalaya, PTC India, Rajesh Exports, Rana Sugars, Reliance Capital, Sun TV Network and Wockhardt.