The Indian primary market has seen a surge in interest for SME IPOs, with massive oversubscriptions. Data from Prime Database reveals that 152 SME IPOs this year averaged 200 times oversubscribed. While SEBI urges caution, the lure of robust listing gains and stock performance continues to draw investors.
RIL to announce Q4 results today. 5 things to watch out for in the earnings card
Reliance Industries is expected to announce its Q4 results, with a potential dip in profitability due to a weak O2C business. However, the retail and