The IPO market has picked up pace in the second half of the year with three issues delivering strong listing gains. Netweb Technologies’ IPO comprises a fresh issue of equity shares of up to Rs 206 crore and an offer-for-sale of up to 8.5 million equity shares by promoter-selling shareholders.
Grasim shares in focus after Q2 PAT declines 66% YoY
Grasim Industries witnessed a 66% decline in Q2 consolidated net profit, reaching Rs 389 crore, despite an 11% surge in revenue, reaching Rs 33,563 crore.