Laxmi India Finance, a Jaipur-based NBFC specializing in MSME and vehicle loans, is set to debut on the stock market on Tuesday. The IPO, priced at Rs 158, saw a subscription of 1.86 times, with strong retail participation. While analysts view the stock as fairly valued, its regional focus and leverage warrant consideration.
Stocks, gold or crypto? The last 3 years’ returns have a surprising answer
Bitcoin delivered nearly 234% returns over three years, outperforming silver, gold and equities. However, precious metals led over one year as cryptocurrencies declined. CoinDCX data