The SME IPO index recently reached the 1 lakh mark, but faced a drop on Thursday as Sebi warned investors against blindly investing in SME stocks. Sebi highlighted that some promoters create unrealistic pictures of their operations. Investors are urged to be cautious and avoid relying on unverified social media posts or rumours.
UltraTech Cement targets double-digit growth for FY26
The company’s net profit increased 10% year-on-year to ₹2,482 crore and revenue from operations grew 13% to ₹23,063.3 crore in the March 2025 quarter. Sales