The SME IPO of Sunlite Recycling Industries opened for subscription on August 12 and closed on August 14. The company aimed to raise Rs 30.24 crore by offering shares priced between Rs 100 and Rs 105. Proceeds will fund capital expenditure, debt repayment, and general purposes. Shares are set to be listed on the NSE SME platform on August 19.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of