Godavari Biorefineries’ IPO sees muted demand, with 66% subscription. Retail investors lead at 1.17 times, while analysts express caution due to significant debt and high valuations.
Grasim Industries swings to profit in Q1, revenue rises 21% YoY
Grasim Industries reported strong Q1 FY27 results, with standalone net profit reaching Rs 247 crore and revenue rising 28% YoY. Consolidated net profit jumped 51%