Monika Alcobev is ready for its stock market launch on July 23. The IPO aims to raise ₹165 crore. Funds will support working capital and debt repayment. The company is a major importer of premium liquor. It distributes brands like Jose Cuervo. Revenue and profit are up. The IPO values the company at ₹613.47 crore.
Investors should stay selective as IT, banking show mixed signals: Sandip Sabharwal
Indian IT stocks are seeing a rally but may offer modest returns. Banks, especially large private and PSU banks, are expected to perform well. NBFCs
