Pune-based KSH International has filed a DRHP with SEBI to raise Rs 745 crore via IPO, comprising a Rs 420 crore fresh issue and Rs 325 crore OFS. The magnet winding wire manufacturer exports to 24 countries and plans to use proceeds for debt repayment, machinery expansion, and a solar plant setup. Its FY24 revenue rose 32% to Rs 1,383 crore.
Gold in a healthy consolidation period, says Chris Wood
Jefferies’ Christopher Wood notes gold’s consolidation above $3,000. He maintains high gold allocation in his pension fund. Western gold ETF flows are light despite gold’s