The initial public offering of Gala Precision Engineering saw strong demand, with subscriptions over 20 times on the second day. The issue, priced between Rs 503-529 per share, will fund various projects, including setting up new facilities and debt repayment. Analysts recommend subscribing due to the company’s market position and attractive valuation.
Tariffs could hurt business, growth and earnings: Peter Cardillo
The administration’s back-and-forth stance on tariffs is unsettling global markets, especially emerging ones. Tariffs could be inflationary, potentially harming business growth and future earnings. The