The remaining amount is an offer for sale by the promoter, reducing the promoter’s stake from 75% to 55% post-IPO. Gala Precision is focused on non-commodity product offerings where competition is lower and is gradually increasing its exposure to the mobility segment through its fastener products, driving incremental growth.
US stocks: US market’s indexes advance with boost from chips, Iran optimism
U.S. stock indexes rose Thursday, led by semiconductor shares and easing inflation fears, despite anticipated Federal Reserve interest rate hikes. Intel surged to a record