Vishal Mega Mart shares are set to debut on Wednesday with an expected premium of over 28%. Strong demand from institutional investors propelled the offer, despite being entirely an OFS. Analysts predict a decent listing gain of 20-25%, advising profit-booking for short-term investors while encouraging long-term holding.
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