Capital Infra Trust InvIT’s IPO opens today, targeting Rs 1,578 crore. Priced between Rs 99-100 per unit, 75% is for institutional investors and 25% for non-institutional investors. Proceeds will repay loans. Sponsored by Gawar Construction, the trust focuses on road and highway projects. SBI Capital Markets and HDFC Bank are lead managers.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires