Sabra Q2 2026 slides: 7% FFO growth, $1.3B liquidity target

The Anawil Wire & Engineering IPO received a healthy response on the first day of bidding, with the issue subscribed 70% as investors placed bids for over 47 lakh shares. The IPO is also commanding a grey market premium of around 30%, indicating expectations of a strong listing.

With over a decade of experience in equity research, portfolio management and fund management, Union Mutual Fund’s fund manager shares his career journey, investment philosophy and the principles that guide his approach to creating long-term wealth for investors.

South Indian Bank shares fell sharply on Wednesday, snapping a four-session winning streak as investors booked profits after a sharp three-month rally. Meanwhile, the RBI approved the appointment of Mahesh Muralidhar Pai as the bank’s Managing Director and CEO for a three-year term, effective October 1, 2026, subject to further approvals.