OYO, the global travel tech firm, is planning to file its Draft Red Herring Prospectus in November. The company is expecting a valuation of USD 7-8 billion for its IPO. OYO may approach its board with the proposal next week. SoftBank, a major shareholder, has engaged with several banks to assess market sentiment.
HFCL vs Sterlite Tech: Both stocks turn multibaggers, rocket up to 375% YTD. Should you invest amid AI boom?
Optical fibre makers HFCL and Sterlite Technologies are experiencing a boom, with shares surging due to massive demand for AI-driven data centre infrastructure. India’s growing