Indobell Insulation’s SME IPO opens from January 6 to 8, aims to raise Rs 10 crore by offering 22.5 lakh fresh equity shares at Rs 46 each. Proceeds will fund capital expenditure, working capital, and corporate purposes. The IPO is split equally between retail and non-institutional investors. Final allotment on January 9 and listing on January 13.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of