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.
Metal shares surge as West Asia conflict fuels global aluminium price spike
Indian metal stocks saw a significant rise today. Aluminium manufacturers led the gains. The closure of the Strait of Hormuz due to the West Asia