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.
Ceigall India shares rise 4% after winning Rs 705 crore Arunachal Pradesh Frontier Highway project
Ceigall India shares rose 4% after securing a ₹704.7 crore MoRTH contract for the Frontier Highway in Arunachal Pradesh. The EPC project, awarded jointly with