Juniper Hotels’ IPO aims to raise around Rs 1,800 crore. The company’s asset-heavy business model and loss-making status have led to mixed views among analysts. The IPO has a price band of Rs 342-360 per share.
HEG shares opened nearly 64% lower on Monday as the stock adjusted for the company’s demerger, which split its businesses into two separately listed entities.
IFCI shares rallied 6% after Sebi approved NSE’s much-awaited IPO, clearing a key hurdle for the exchange’s listing. IFCI has indirect exposure to NSE through
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