Meta Infotech debuted strongly on the BSE SME platform, listing at Rs 225, a 39.75% premium over its IPO price. The Rs 80.18 crore public issue was heavily oversubscribed, particularly by HNIs. Proceeds will be used for debt repayment, a new Mumbai office, and general corporate purposes, following a year of significant revenue and profit growth.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The