RR Kabel’s Rs 1,964-crore IPO, which comprised a fresh issue size of Rs 180 crore and an offer for sale (OFS) of up to 1.72 crore equity shares, closed on September 15. The company listed within two days of IPO closing, marking the fastest debut by any company after the IPO. On BSE and NSE, RR Kabel shares listed at a 14% premium.
Earnings downgrade cycle largely over, no major cuts expected from Q3 onwards: Pawan Parakh
I strongly believe that earnings misses have largely bottomed out in Q2. If we look at corporate India’s performance, two sectors have disappointed slightly. First