Kumar Arch Tech, a manufacturer of PVC blend-based building materials, has filed for an IPO to raise Rs 740 crore. The IPO includes a fresh share issue worth Rs 240 crore and an offer-for-sale by promoters worth Rs 500 crore. Proceeds will fund capital expenditure for its subsidiary’s greenfield project.
Old Fox has dream run on Dalal Street
The Old Fox of Dalal Street has been on a dream run since the past couple of weeks. On Friday, most stocks that he had