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.
US stocks today: S&P 500 hits record closing high on AI optimism, Micron joins $1 trillion club
US stocks closed mixed with Nasdaq and S&P 500 hitting record levels as AI-driven optimism lifted tech and chip stocks. Micron surged into the $1