Polymatech Electronics, a Chennai-based semiconductor manufacturer, plans a ₹1,500 cr IPO, doubling its initial size. CEO EswarRao Nandam discusses expansion strategies, aiming to increase chip capacity to 20 billion units, aided by a $5 billion investment and partnerships with Orbray Co. Ltd.

Go Digit General Insurance Ltd, a digital-first insurer, offers a comprehensive range of non-life products. With a focus on digital solutions, it simplifies insurance processes, including claims. IPO highlights include a mix of fresh issue and offer for sale, emphasizing digital and omnichannel growth.

On May 6th, Paytm's shares dropped over 4.5% following COO Bhavesh Gupta's resignation announcement via a regulatory filing. By 9:38 am IST, shares further declined to ₹355.25, marking a 45% decrease this year, significantly underperforming compared to the Nifty's 4% gain

CarTrade Tech's share price surged over 9% following a robust quarterly performance. The stock climbed 18% in two days, propelled by a 50% rise in quarterly net profit to ₹22.5 crore. Trading at ₹870.80 on the NSE at 9:42 am IST, about 15 lakh shares were traded, significantly above the one-month average. The company reported a 51% increase in revenue to ₹145.27 crore, driven by the classifieds business of OLX, and a 23% rise in EBITDA to ₹49.11 crore. Despite a full-year net profit decline of 57.94% to ₹14.30 crore, annual sales grew 34.70% to ₹489.95 crore