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Nuvama

Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.

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Last Updated: Just Now
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Markets, IPOs & Wealth Just now (07:16 AM IST)

TBO Tek Shares Rise Nearly 3% as Nuvama Starts Coverage With Rs 2,200 Target

TBO Tek shares climbed nearly 3% on Thursday to Rs 1,733 after Nuvama initiated coverage on the travel technology company with a Buy rating and a target price of Rs 2,200. The brokerage said it expects the company to deliver a 35% earnings CAGR over FY27-FY29E, supported by international expansion and growth in its hotel business.

By RDU Global Wire5 min read
Startups & Venture Capital2h ago

Aequs to Raise Rs 650 Crore in Promoter-Backed Preferential Issue to Fund Manufacturing Expansion

Aequs' board has approved a preferential issue of warrants worth up to Rs 650 crore to promoter group entity Mellwood Trustee Services Pvt Ltd, with the proceeds earmarked for capacity expansion across aerospace and consumer businesses. The capital infusion is intended to support the company's Hosur facility, investments in subsidiaries and joint ventures, and broader growth plans through FY28.

5 min readRead →

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Corporations, startups, regulatory bodies, central banks, ministries and judicial courts. All news mentioning this entity is automatically verified and aggregated into this live intelligence dossier.

Co-Occurring Entities

Entities frequently referenced alongside Nuvama: