After a few IPOs launched in May struggled to sail through, investors and companies turned cautious amid a weak secondary market. While there were no IPOs in June and July, only six companies have since made initial public share sales, raising about ₹3,500 crore.
Vedanta Power, Oil & Gas, and Iron shares rally up to 5%; Aluminium sheds 3%. Should you buy, sell or hold?
Vedanta’s newly demerged entities extended their rally, with Oil & Gas, Power and Iron & Steel hitting upper circuits, while Aluminium slipped despite Citi’s bullish