Baazar Style Retail’s shares debuted flat on the bourses but closed 3% higher on Friday. The company, expanding rapidly with 162 stores, holds 3% market share in West Bengal and 2.2% in Odisha. Analysts view it as a promising medium-to-long-term investment despite competition and debt.
Jio IPO: Akash, Isha and Anant Ambani to lead IPO process, says Mukesh Ambani
Reliance Industries Chairman Mukesh Ambani announced that the board has approved the draft prospectus for the much-awaited IPO of Jio Platforms, with Akash Ambani, Isha