Orkla India is set to launch its IPO, aiming to raise ₹1,668 crore by offering shares. The company, known for brands like MTR and Eastern, has seen revenue and profitability growth over the past three years. With a strong base in South India and significant export presence, investors with a high risk appetite may find this a long-term opportunity.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj