Low promoter holding of 27.3% after the IPO, regulatory risks related to the liquor industry and highly volatile operating margins are additional risks to the business. Given these factors, the issue looks more suitable for long-term investors with a high-risk appetite.
Anmol Industries has embarked on its journey to the stock market with an initial public offering planned at a valuation of up to 18 billion
In the week ending September 11, India’s foreign exchange reserves fell by $4.9 billion, bringing the total down to $780.7 billion from a previous high
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