Latest Stock Market News

Advance Agrolife s Rs 193 crore IPO opens today, offering 1.93 crore shares at Rs 95-100. The agrochemicals manufacturer, with diverse products and global reach, reported strong FY25 financials. Proceeds will fund working capital, while the IPO sees a 15% grey market premium, indicating healthy early interest despite broader market caution.

Aptus Pharma will debut on the BSE SME platform on September 30. Its initial public offering closed with high investor participation. The IPO was subscribed over 22 times across categories. Retail and high net worth individuals showed significant demand. The company distributes pharmaceutical formulations. It reported revenue and profit growth. Proceeds will fund working capital and new office infrastructure.

Seven large-cap stocks, including Power Finance Corporation, LIC, PNB, and Bajaj Finserv, showed a bullish RSI upswing on September 29, signaling strengthening momentum.

Tata Motors share price: Moody’s downgraded Tata Motors’ outlook to negative after a cyberattack at JLR halted production. The company s FY26 EBITDA is expected to take a massive hit due to this attack. While JLR has started a phased restart, prolonged disruptions could further affect earnings and cash flows, Moody’s added.

Matrix Geo Solutions IPO closed with healthy investor interest. The company will list on NSE SME on September 30. The issue was subscribed 7.69 times overall. Qualified institutional buyers led demand. The firm specializes in geospatial and drone technology. It shows strong financial growth. Proceeds will fund equipment and working capital. Grey market premium indicates a restrained listing outlook.

Sustainable packaging manufacturer Ecoline Exim, with exports to over 27 countries, is set to list on the NSE SME platform on September 30. Its IPO drew healthy institutional participation, but subdued retail interest and zero GMP point to cautious listing-day sentiment.

Ten SME IPOs opened simultaneously today, sustaining the primary market s strong momentum despite a crowded September. These offerings span diverse sectors, from logistics to biotech, aiming to raise over Rs 400 crore. While this creates choice, analysts warn investors against solely chasing grey market premiums.

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

BEL Order Win News: Bharat Electronics Limited (BEL) has secured significant additional orders totaling Rs 1,092 crore since mid-September, encompassing EW system upgrades, defence network improvements, and various equipment. These new contracts further solidify BEL s leading position in India s defence electronics sector. The company s shares are anticipated to be in focus following this announcement.