The IPO consists of the issuance of fresh equity shares worth Rs 455 crore, whereas existing shareholders and promoters will offload shares worth Rs 300 crore via offer for sale (OFS).
Tech View: Nifty indicators give positive signals, likely to face resistance at 24,694. How to trade tomorrow
Nifty formed a bullish candle today, closing at a 5-session high after establishing a triple bottom in the 24,073-24,140 range. Indicators signal a bullish short-term