Adani Enterprises, IndiGo & more: Top stocks to buy on October 10; check list

Jefferies has a buy rating on Adani Enterprises with the target price at Rs 3,000. Analysts said Navi Mumbai International Airport (NMIA)’s inauguration marks a strategic expansion in India’s aviation infrastructure, easing congestion for Mumbai Metropolitan Region (MMR). Phase-1 adds 2 crore passenger capacity (total: 9 crore), and bridges gaps to underserved regions. The company’s…

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Logistics cost will fall to single digits: Nitin Gadkari

New Delhi: Road transport and highways minister Nitin Gadkari on Thursday said India’s logistics cost will fall to single digits to around 9% before December 2025, which will increase profit margins for industries and businesses and make Indian products competitive in the international market.Speaking at an event of the business chamber – PHDCCI, Gadkari cited…

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LG Electronics’ Rs 11,607-crore IPO garners 54 times subscription on final day

NEW DELHI: The initial public offering of LG Electronics India Ltd received 54.02 times subscription on the final day of bidding on Thursday, driven by overwhelming participation from institutional buyers. The Rs 11,607-crore IPO received bids for 3,85,33,26,672 shares against 7,13,34,320 shares on offer, according to NSE data. The portion for Qualified Institutional Buyers (QIBs)…

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