Market Bizzz

PhysicsWallah’s Rs 3,480 crore IPO, one of the largest in Indian edtech, is set to finalize allotment on Friday with moderate subscription and a 0% grey market premium, indicating a cautious listing. The company, known for its hybrid model and diverse courses, reported strong revenue growth but remains loss-making, with IPO funds earmarked for offline expansion and technology investments.

Capillary Technologies India’s Rs 877 crore IPO opens today. The Bengaluru-based firm is a leader in customer engagement and loyalty management. The IPO includes fresh issuance and offer-for-sale components. Funds will support growth and technology investments. The issue closes this week, with listing expected on November 21.

Tata Steel’s September quarter profit soared fourfold to Rs 3,183 crore, driven by robust Indian sales and improved Netherlands operations. Consolidated sales climbed nearly 9% to Rs 58,689 crore, with Ebitda jumping 46%. The company also saw a reduction in UK operating losses and a decrease in tax expenses, signaling a strong financial performance.

Honasa Consumer, the company behind Mamaearth, has reported a strong financial performance. The company achieved a net profit of Rs 39 crore in the second quarter of FY26. This marks a significant recovery from a net loss in the same period last year. Revenue from operations also saw a healthy year-on-year growth.

Gold prices eased from a three-week high as a stronger dollar weighed on demand. Investors await the resumption of U.S. economic data to gauge the Federal Reserve’s interest rate path amid a prolonged government shutdown. Economists anticipate a December rate cut to support the labor market.

BSE shares are expected to gain investor interest. The company reported a significant 61% year-on-year growth in its second-quarter net profit. Revenue from operations also saw a substantial rise. Transaction charges increased, while treasury income saw a slight dip. Corporate services revenue showed growth. Equity derivatives saw a rise in notional turnover.

Today, November 13, is the final chance for investors to buy shares in companies like Great Eastern Shipping and Patanjali Foods to receive their declared interim dividends. Other firms, including ADF Foods, Amara Raja Energy & Mobility, and Sasken Technologies, also have November 13 as their ex-dividend date, meaning today is the last opportunity to secure these payouts.

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