On October 8, Vishal Nirmiti made a subdued debut in the stock market, listing below the issue price. This IPO, amounting to Rs 178 crore, included both a fresh issue and an offer for sale. Subscription rates were notably high among retail and non-institutional investors. Proceeds from the IPO are set to support working capital needs and repay loans.
CoreWeave shares surge over 26%, spark rally in battered AI cloud stocks
CoreWeave’s shares experienced a significant increase of over 26% due to strong revenue growth. The company’s recent earnings alleviated concerns about a potential artificial intelligence