Shri Hare-Krishna Sponge Iron Ltd’s IPO, a fresh issue of 50.70 lakh shares priced between Rs 56 and Rs 59, opens on June 24, 2025, aiming to raise Rs 29.91 crore. The company will use the funds to establish a captive power plant. The firm reported a revenue of Rs 83.6 crore and a profit after tax of Rs 9.
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