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company’s latest annualized profit, works to about 25 times earnings, said Devi Subhakesan, an analyst on SMARTKARMA. That’s similar to market leader Maruti Suzuki India Ltd.’s one-year forward estimated earnings. Tata Motors Ltd., the owner of

sometime in the fourth quarter of this year, according to Douglas Kim, an analyst at Douglas Research Advisory who publishes on the SMARTKARMA platform. Still, the share sale could be postponed if market conditions deteriorate, he said.

selling is way out of the norm, resulting in no change in classification for Korea in terms of the MSCI index,” said Douglas Kim, an analyst at SMARTKARMA, a Singapore-based investment research firm. MSCI is an investment benchmark that measures the performance of equity markets across

Australia, combined with strong long-only support, we would still take part in the deal,” they wrote in the note published on platform SMARTKARMA.  Click here to see a full list of IPOs in Asia reported by

be a decision before the presidential election given the tight schedule, said Criss Wang, an analyst at SMARTKARMA. However, the process may not be over due to conflicting information over the global pharmaceutical supply chain excluding China, added