The promoter holding will drop to 50% post-IPO from 67.9%. IRM has outperformed the industry average in terms of volume and operating profit in the last two fiscal years and most of its operating areas still have ample room for volume expansion as gas penetration is still low.
Traders raise odds of 50 bps Fed rate hike as CPI rise exceeds expectations
New data has revealed that US consumer prices rose faster than anticipated, prompting speculation about interest rate changes. Fed Governor Christopher Waller suggested a half