Punjab Band Today News: Punjab Bandh on October 15 will be observed from 6 am to 5 pm following the killing of anti-drug activist Parvinder Singh Jhota in Mansa. Check the latest updates on bank operations, school closures, bus and train services, markets and emergency services.
Bonfiglioli Transmissions IPO opened for subscription on October 15, 2026, aiming to raise Rs 2,533.66 crore via an offer for sale. The price band is set at Rs 558-586 per share with a 30% grey market premium. Anand Rathi has recommended a "Subscribe for Long Term" rating.
Four Nifty 500 stocks closed over 1.5% above their respective VWAPs on October 14, indicating positive trading momentum.
Six Nifty500 stocks that gained over 5% on October 14 featured in StockEdge’s RSI Trending Up scan, signalling strengthening price momentum as their Relative Strength Index (RSI) values crossed above 50 from below.
Tonbo Imaging India’s IPO opens October 15, 2026, aiming to raise Rs 852.18 crore through an offer for sale. With a 71% grey market premium, listing gains are anticipated. However, FY26 total income fell 22% and profit declined 30%. The defence technology company operates across 24 countries, specialising in advanced imaging and surveillance systems.
Jio Platforms is gearing up for its initial public offering by pursuing a strategy focused solely on fresh shares. This means that no current investors will be liquidating their holdings during the IPO. The goal is to utilize the funds, estimated at around ₹27,500 crore, to alleviate the debt burden of Reliance Jio Infocomm.
Sahajanand Medical Technologies IPO opened for subscription on October 15, 2026, aiming to raise Rs 475.48 crore through an entirely offer-for-sale issue. The price band is set at Rs 327-344 per share, with a lot size of 43 shares. The issue commands a 12% grey market premium.
Nomura has initiated coverage on Paytm with a Buy rating and a target price of Rs 2,250, implying an upside of 31%. The brokerage expects EBITDA to grow at a 96% CAGR over FY26-29F, driven by payments, merchant lending, AI-led cost efficiencies and potential UPI MDR revenue. International expansion and enterprise AI product Pi offer additional growth opportunities.
Reliance Industries shares will be in focus after Jio Platforms announced its IPO price band of Rs 1,065-1,119 per share. The Rs 30,213 crore issue includes a shareholder reservation for eligible RIL investors and could become India's largest IPO.
Union Commerce and Industry Minister Piyush Goyal has urged Canadian businesses to utilize India's manufacturing capabilities. He highlighted the potential for production and exports to global markets beyond India's domestic market. Goyal emphasized India's preferential trade agreements that enhance market access to approximately USD 85 trillion of global GDP. He encouraged bilateral commercial engagements ahead of finalizing the Comprehensive Economic Partnership Agreement.
