PN Gadgil Jewellers, Maharashtra’s second largest organised jewellery player, will launch its IPO on September 10, aiming to raise Rs 1100 crore. The funds will be used for opening new stores, debt repayment, and general corporate purposes. The company has shown significant growth in revenue and profit over recent years.
Stocks to buy: BPCL, Raymond Lifestyles and Ola Electric on investors’ radar
Benchmark indices ended flat amid a lack of near-term triggers. BPCL is advised to be avoided due to a lack of recovery signs. Raymond remains