The company is offering its shares in the price range of Rs 475-500, and at the upper end, the valuation is at a P/E of 55-59x. The IPO will fetch Rs 631 crore at the upper end of the price band.
Gold prices edged lower on Thursday as hotter-than-expected US inflation data and hawkish Federal Reserve commentary lifted the dollar to near a one-month high and
Indian equities have seen significant gains recently, with the Sensex and Nifty reaching their highest levels since February. Heavyweight stocks in the banking and auto
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