PNGS Reva Diamond Jewellery shares began trading on exchanges at a discount. The stock opened lower than its initial public offering price on both NSE and BSE. However, the shares showed resilience. They recovered significantly during the trading session. The stock ultimately closed above its offer price on both exchanges. This marks a positive turn for the jewellery retailer’s debut.
Dmart recasts strategy as rapid delivery competition intensifies
DMart has scaled back its e-commerce footprint, exiting underperforming cities to focus on metros as competition intensifies in India’s rapid delivery space. Despite rising pressure