Premier Energies’ IPO opened today, attracting strong interest with 57% subscription, mainly from retail and non-institutional investors. The IPO includes a fresh equity issue of Rs 1,291 crore and an Offer for Sale up to 3.42 crore shares. Analysts recommend subscribing due to the company’s robust order book and promising growth in the solar energy sector.
Crude oil hovers below $95 amid Iran war peace talks. What to expect next?
Oil prices stayed below $95 as hopes of a US-Iran deal cooled supply concerns, with near-term direction hinging on progress in geopolitical talks and actual