Savy Infra’s shares debuted on the NSE SME platform with a 13.75% premium, listing at Rs 136.5 against an issue price of Rs 120, driven by an IPO oversubscribed 114.5 times. The company, an EPC contractor with strong financial growth and a Rs 430 crore order book, will use IPO proceeds for working capital and general corporate purposes.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may