Enviro Infra Engineers is set to debut on stock exchanges with a predicted premium of 20-33%. The IPO received robust subscriptions due to reasonable valuations and the growing importance of water and wastewater infrastructure. Analysts suggest investors who received allotments can book profits if the premium exceeds 25% due to market volatility.
West Asia tensions rattle capital goods stocks; L&T, KEC slide
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen