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While the company does not have any identifiable promoter, several institutional investors such as Accel India, Apoletto Asia, Alpha Wave Ventures, DST Euro Asia and Norwest Venture Partners are partially divesting their stakes through the IPO. Proceeds from the fresh issue will be used to repay debt, add dark stores, invest in technology and cloud infrastructure, brand marketing and fund inorganic growth.

Indian market hit a 2-month low on Monday. Selling was seen in power, telecom, utilities, energy, oil & gas, and realty sectors. Gillette India, which hit a new high, has a bullish technical outlook with potential targets of 12,500.

"The results for the quarter reflect continued momentum in the transformation journey, driven by strategic investments in product innovation, elevated customer experience, technology integration and brand premiumisation, positioning Bata strongly for future growth," it said.

Total income rose to Rs 1,100.70 crore during July-September period of this fiscal from Rs 512.35 crore in the corresponding period of the previous year, according to a regulatory filing.

The regulator has proposed changes to how the Recovery Expense Fund is used, which supports debenture recovery processes and suggested to standardize the format of Debenture Trust Deeds to streamline documentation.

Domestic equities saw a turbulent start to Samvat 2081, with the Nifty tumbling 500 points. The index showed signs of a consolidation breakdown, and a further decline could be devastating. However, oversold conditions and a potential respite from the sell-off could uplift sentiment.

Sagility India, a business process management services provider to the healthcare sector, plans to raise Rs 2,106 crore through an offer for sale. The company offers services to US-based health insurers and hospitals. While it operates at a higher margin, it faces risks from single-sector and single-market exposure.

The rupee depreciated 4 paisa, to close at 84.11/$1, versus its previous close of 84.07 per dollar, LSEG data showed. Likely interventions by the Reserve Bank of India (RBI) helped prevent a sharper decline. However, the RBI was not very aggressive in its dollar sales on Monday, traders said.

U.S. stocks opened flat on Monday, as traders stayed away from large bets in an action-packed week in which Americans will elect a new president and the Federal Reserve is likely to cut its benchmark policy rate.

A 52-week high marks the highest price a stock has reached over the past year, offering key insights for traders and investors.