Virtual Galaxy Infotech’s IPO witnessed strong investor interest, subscribing nearly 23 times with a healthy grey market premium of around Rs 75. The IPO aims to raise Rs 93.29 crore for capital expenditure and business development. The company, founded in 1997, has shown strong financial growth, with revenue increasing to Rs 63 crore in FY24.
Nifty to consolidate between 25,850–26,300 in coming weeks: Rajesh Bhosale
Indian markets opened muted, with Nifty hovering near 26,000 as momentum cooled post-record highs. Broader markets face strain, prompting caution. Analysts suggest Nifty will consolidate