Horizon Industrial Parks plans a ₹2,600 crore IPO to reduce its debt burden. The company develops and leases large warehouses and industrial facilities across India. Revenue and EBITDA have shown significant annual growth in recent years. However, the company has not yet achieved profitability, with net losses widening. Investors with a high-risk appetite may consider this long-term opportunity.
Global Market Today: Asian shares mixed, dollar dips as Fed hike bets ease
The dollar experienced a decline following disappointing US economic indicators, leading to less anticipation for interest rate hikes. Treasury yields dropped universally as retail sales