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.
US stocks: US market ends higher as Amazon soothes AI jitters
Wall Street closed higher on Friday, driven by Amazon’s strong quarterly report. The tech giant’s results eased concerns about AI infrastructure spending. Apple’s stock dropped