Ken Enterprises is set to debut on the NSE SME platform, with its IPO seeing a 4-times subscription led by retail investors. Funds from the IPO will be used for acquisitions, new machinery, and facility renovations. The company, known for its diverse fabric offerings, achieved a revenue of Rs 409 crore in FY24.
India’s earnings slowdown cyclical, expect recovery by mid-year: Jonathan Garner
I think there is a minority opinion that this is a more structural slowdown in earnings for India. We do not agree with that. But