HM Electro Mech shares are set to debut on BSE SME with an 8% premium. The IPO, priced at Rs 75, was oversubscribed 91 times. The company focuses on turnkey projects in pumping machinery and has diversified into electrification and EPC projects.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays