Waaree Energies’ IPO has been subscribed 12.05 times on the last day, with strong demand from non-institutional and retail investors. The IPO price band is set at Rs 1,427-1,503 per share, and shares are expected to list on October 28. Funds will support expansion into India and the US.
Power, Hotels & Chemicals: Dipan Mehta maps out the market’s next big opportunities
Dipan Mehta advises selective investing, favoring power infrastructure, export manufacturing, and specialty chemicals. While acknowledging the hospitality sector’s strong run, he cautions about potential headwinds.