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.
Dalal Street Week Ahead: Time to exit overheated themes, enter emerging plays
The markets broke out after six weeks of consolidation, with the Nifty gaining 2.09%. Support levels have risen to the 25100-25150 zone, and leadership is