Owais Metal debuted on NSE SME with a 187.4% premium. The IPO received over 200 times subscription. The company manufactures minerals like Manganese Oxide, Ferro Manganese, and Silico Manganese. It will use the IPO proceeds for manufacturing, working capital, and furnace automation. Its products are used in steel and casting industries, and Manganese Sulphate Plants.
VA Tech Wabag shares jump 3% after securing repeat order from RIL for ETP project
VA Tech Wabag shares rose nearly 3% after securing a medium-sized repeat order from Reliance Industries to design and commission an advanced Effluent Treatment Plant