Fractal Industries is poised for its BSE SME debut with modest listing gains expected around 3%. The Rs 49 crore IPO, fully subscribed 5.44 times, will fund working capital and corporate needs. The garment manufacturer, serving major e-commerce platforms, reported strong revenue and profit growth in FY25, indicating healthy business performance.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The