Atlanta Electricals has introduced its Rs 687 crore IPO. The IPO opened on September 22 and will close on September 24. The price band is Rs 718–754 per share. Grey market activity indicates positive listing expectations. The company will use fresh issue proceeds for debt repayment and working capital. Public sector undertakings contribute significantly to its order book.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader