Innovision’s IPO saw weak investor response, with overall subscription around 30% even after extending the bidding period and lowering the price band. Retail and NII participation stayed muted, while institutional demand remained stronger. The company aims to raise Rs 323 crore through the issue.
Mid, smallcaps likely to outperform in September; Nifty seen range-bound: Analysts
September historically favors mid- and small-cap stocks over large-caps. Analysts anticipate this trend continuing, expecting limited upside for the Nifty. Heavyweight sectors show recent weakness,