SBI AMC completes stock split ahead of IPO

Pre-split: ₹2,200 → Now: ₹685
Expected IPO: ₹400-500
P/E: 54x (current) → 40x (IPO)
Expected GMP: ~37%
Market cap: ₹1.39L cr+
Debt-free | 30% ROE

IPO Timeline: Q1-2026

HIND COPPER: ANAND RATHI INST SAYS COMPANY WELL PLACED TO ACHIEVE GROWTH & VOLUME GUIDANCE

Volumes have consistently increased and the company is on track to achieve revenue CAGR of 25% and EBITDA CAGR of 27%.

Global copper markets are witnessing a supply crunch, while demand continues to grow worldwide.

Capacity is expected to expand up to 4x from FY25 levels, with sustainable copper prices of $10,500–11,000/ton.

SBI Mutual Fund has filed papers with SEBI for

Nifty 200 Value 30 ETF
Nifty Midcap 150 Momentum 50 ETF

KPITTech reports #Q3Results

👉Net profit down 21% at ₹ 133.4 cr vs ₹ 169 cr (QoQ)

👉Revenue up 2% at ₹ 1,617.4 cr vs ₹ 1,587.7 cr (QoQ)

👉EBIT down 4.8% at ₹ 234 cr vs ₹ 246 cr (QoQ)

👉Margin at 14.5% vs 15.5% (QoQ)

👉Labour code impact at ₹ 59.7 cr

TTK Prestige report its Q3 earnings;

▶️Net Profit Down 43.7% At ₹33 Cr Vs ₹58.5 Cr (YoY)

▶️Revenue Up 10.2% At ₹801 Cr Vs ₹727 Cr (YoY)

▶️EBITDA Down 9.4% At ₹72 Cr Vs ₹79.5 Cr (YoY)

▶️Margin At 9% Vs 11% (YoY)

BRENT OIL HITS $70 A BARREL FOR FIRST TIME SINCE SEPTEMBER

View: Very negative thing since INR also depreciated against USD and now Brent oil as well.

GE SHIPPING CO:

Q3 CONS NET PROFIT 8.13B RUPEES VS 5.9B (YOY) || Q3 REVENUE 14.5B RUPEES VS 12.4B (YOY)

Q3 EBITDA 8.4B RUPEES VS 6.1B (YOY) || Q3 EBITDA MARGIN 57.50% VS 49.39% (YOY)

Budget for Capital Markets:

STT on Futures raised to 0.05% from 0.02%
STT on Options raised to 0.15% from 0.10%

In simple words,

- STT HIKE ON OPTIONS IS 50%
- STT HIKE ON FUTURES IS 150%

Gap-up in Nifty 🔥🔥

🚨🚨 While the market is focused on the India-US trade deal, close to 40 companies will be declaring their Q3 results during the day

Track all updates here

https://www.cnbctv18.com/market/q3-results-live-update-today-pgel-pb-fintech-bajaj-fin-adani-castrol-nazara-vbl-nmdc-share-price-liveblog-19840506.htm?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial