In a landmark event, SFC Environmental Technologies debuted on the stock exchange with a promising start, opening at a premium. The IPO garnered impressive attention, being oversubscribed 9.47 times. Institutional investors showed particular interest, leading to an 18.81 times subscription in the QIB segment. The raised capital will be directed towards settling borrowings and facilitating working capital. SFC is known for its cutting-edge solutions in managing wastewater and solid waste.
IndiGo, Indian Oil and other crude-sensitive stocks rally up to 4% as oil dips below $105/bbl. Where are prices headed?
Crude-sensitive stocks such as IndiGo, BPCL, HPCL and Indian Oil rallied up to 4% as oil prices declined for a second consecutive session amid US-Iran