Super Iron Foundry, based in Kolkata, is opening its IPO for subscription today, aiming to raise Rs 68 crores through the issue priced at Rs 108 per share. The IPO proceeds will primarily be used for working capital requirements and debt repayments. The offering will close on March 13, 2025.
Pick up defence stocks for long term; 2 shipping stocks to buy: Neeraj Dewan
Market expert Neeraj Dewan is optimistic about the defence sector’s long-term growth, highlighting budget allocations and export potential. He favors Garden Reach and Mazagon Dock