Phoenix Overseas will launch its SME IPO today, aiming to raise Rs 36 crore. The IPO includes fresh equity shares and an offer for sale, with a price band of Rs 61-64 per share. The company is involved in trading and exporting agricultural products and manufacturing fashion accessories. The subscription period runs from September 20 to September 24.
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Larsen & Toubro shares rose 8% in three sessions after reporting record FY25 order inflow and a 24% YoY jump in Q4 orders, largely from