Mobikwik shares are set to debut on Wednesday with a grey market premium of Rs 160, indicating a potential 57% premium over the IPO price of Rs 279. The Rs 572 crore IPO was oversubscribed 119 times. The company plans to use the proceeds for growth and expansion.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20