Stocks that hit fresh record highs include names like RIL, which rose more than 2%. Bharti Airtel pared its gains after reaching record highs, while Bombay Burmah Trading Corp surged more than 7% on Friday.
Sambhv Steel Tubes is launching an IPO to raise ₹400 crore for debt repayment and ₹100 crore through an OFS, diluting promoter stake to 56%.
The company allotted 45 million shares at upper price band of ₹740 apiece to these institutional investors. Anchors include LIC, ICICI Prudential Mutual Fund, SBI
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