KRN Heat Exchanger had an impressive stock market debut, jumping 118% above its issue price after strong IPO demand of over 213 times. The stock continued to rise, trading at Rs 475.85 on the BSE. Analysts attribute the company’s growth potential to its expertise in manufacturing fin and tube-type heat exchangers, adherence to international quality standards, quick turnaround times, and strong client relationships.
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses
US stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Banking