Urban Company plans to raise ₹472 crore through fresh equity and ₹1,428 crore via offer for sale. While revenue grew 34.1% to ₹1,144.5 crore between FY23-FY25 and the company turned profitable in FY25, net profit dipped 45% in the June quarter. With a high P/E multiple of 62, the IPO is suitable for investors with high-risk tolerance.
Hindustan Copper shares jump 7% after Q2 profit zooms 182% YoY to Rs 518 crore
Hindustan Copper’s stock experienced a surge following the announcement of its exceptional Q2 FY27 results. The consolidated net profit skyrocketed to Rs 518 crore, marking