Safety Controls and Devices’ Rs 48 crore IPO opened with a flat grey market premium, signaling cautious investor sentiment. The company, an EPC player in substations and solar projects, aims to raise funds for working capital and debt repayment. Despite a solid anchor investor base and government-linked projects, execution risks and SME liquidity are key considerations for potential investors.
Inox Wind shares rise 2% after bagging Rs 755 crore turnkey order from Indian Oil
Inox Wind shares rose nearly 2% after securing a ₹755-crore, 100 MW turnkey order from Indian Oil Corporation. The project includes turbine supply, EPC, execution