Augmont Enterprises plans a ₹620 crore IPO to fund working capital needs. The company’s promoter stake will decrease significantly after the initial public offering. Over ninety percent of revenue originates from the Augmont SPOT platform, indicating concentration. Financials show strong growth, but a cash flow deficit occurred in FY26. Investors with a high-risk appetite may consider this initial public offering.
Dollar wobbles as investors balk at US Treasury’s rescue efforts
The dollar faced a decline on Friday, ending the week lower amid investor worries. Concerns arose over the U.S. Treasury’s bond buyback, which many viewed