Sanathan Textiles shares are set to debut on the exchanges with an expected 27% premium over the issue price, driven by high investor demand. The IPO, subscribed nearly 40 times, indicates potential gains for investors. Analysts suggest holding long-term despite short-term volatility.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs