AGS Transact Technologies has fixed the price band for the IPO at Rs 166-175 per share. Shares worth Rs 680 crore will be issued under the IPO.

Rural demand has been mute in Q3FY22, said Naveen Trivedi, AVP-institutional research at HDFC Securities.

We see companies with structural growth drivers aligned with digitalisation, decarbonisation and other transformative trends emerging as long-term winners, which should underpin EM equities ahead. What especially matters to us is the sustainability of company earnings, whether in the face of COVID-19, policy changes, technology disruption or other challenges.

The NBFCs have asked the government to allow for a refinance facility via SIDBI for NBFCs for onward lending to MSMEs, along the lines of National Housing Banking for housing finance companies. On the taxation front, they are seeking an exemption for Non-Deposit Taking Systemically Important NBFCs (NBFC-ND-SI) and Deposit-Taking NBFCs (NBFC-D) from tax deducted on the source on interest under Section 194A.