Belrise Industries plans a ₹2,150 crore IPO to repay debt, reducing promoter stake to 73%. Despite stable revenues, margins have declined and profit dipped due to rising costs. Investors may await improved financial performance post-listing.
Oriental Carbon & Chemicals shares saw a rise. This happened after Bank of America purchased shares via a block deal. The deal involved 53,428 shares
Aniruddha Naha of PGIM India AMC remains positive on Indian markets, particularly financials, citing strong macro fundamentals and reasonable valuations. He anticipates FII inflows to
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