ITC slumps on margin concerns; brokerages see long-term growth prospects intact

ITC shares fell in early trading on Friday after the company’s Q1 results missed Street estimates. The stock dropped as much as 2.29% to Rs 482.40 per share…

Alpex Solar files DRHP with NSE Emerge

Alpex Solar, India’s leading manufacturer of solar systems, has submitted its Draft Red Herring Prospectus (DRHP) with NSE Emerge. The offering comprises a fresh issuance of 64,80,000 equity…

MSCI May review can lead to $3.28-bn inflows in 17 stocks

Index provider MSCI’s quarterly rebalancing exercise in May could see 17 Indian companies, including PB Fintech and Sundram Finance, making it to the MSCI Global Standard index from…