Anya Polytech & Fertilizers, a fertilizer manufacturing firm, will debut its shares on the NSE SME platform. The IPO, priced at Rs 14 per share, garnered strong interest, with subscriptions reaching 439.8 times. The grey market premium suggests shares may list at Rs 20, reflecting a 43% premium. The company raised Rs 44.80 crore through fresh equity issuance.
Earnings growth to drive stock selection, limited market upside in near-term: Aniruddha Naha
The last two quarters have been pretty suboptimal in the sense the earnings were below 10%, I think so this quarter will be no different