Xtranet Technologies debuted at up to a 7% premium over its IPO price on Thursday, falling short of grey market expectations of an 11% gain. The Rs 166.8 crore IPO was subscribed 12.24 times, with strong demand from non-institutional investors, while proceeds will fund working capital, debt repayment and expansion.
Warren Buffett sounds alarm as stock market warning returns for only second time in 155 years
Warren Buffett’s caution comes as the S&P 500’s CAPE ratio approaches levels seen only during periods of extreme valuations. While elevated readings can signal weaker