The economic uncertainty created by successive Covid-19 waves is not over yet, sources said, adding that the oil ministry also feels that unseen control on retail prices may hit divestment prospects.
Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South
Belrise Industries has set the price band for its Rs 2,150 crore IPO at Rs 85–90 per share. The issue opens on May 21 and
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