Regaal Resources made a stellar debut, listing with a 39% premium after its IPO was oversubscribed 150 times. The company’s strong financial performance, with a 53% revenue increase and doubled profits, fueled investor interest. The maize starch manufacturer’s IPO saw robust demand across all investor categories.
CarTrade Tech shares slip 7% despite 19% YoY rise in Q1 profit; EBITDA surges 45%
CarTrade Tech shares fell over 7% despite the company reporting a strong Q1 FY27 performance, with consolidated net profit rising 19% YoY to Rs 51