Newmalayalam Steel will debut on the NSE SME platform on Friday, with shares expected to list at a 33% premium over the issue price. The public offer proceeds will be used for technological upgrades, solar facility expansion, and brand building. The company manufactures galvanised pipes and tubes for households in Kerala.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader