Travel Food Services plans to raise ₹2,000 crore through an IPO, reducing promoter stake to 86.2%. The company has shown steady revenue and profit growth, with a strong presence in airport QSR and lounge sectors. However, it faces high revenue concentration from top airports and dependence on passenger traffic, making it suitable for high-risk investors.
US stocks: US market ends mixed as investors focus on Big Tech earnings
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major