Indo Farm Equipment IPO share allotment is expected to be finalized soon. Investors can check their allotment status on BSE or registrar’s website. Indo Farm Equipment received huge IPO subscriptions, with shares anticipated to list on January 7. The company plans to use IPO funds for repayment of borrowings, NBFC investment and general corporate purposes.
Expect limited upside in near term, stick to stock-specific strategy; Vedanta, Motherson among top picks: CA Rudramurthy BV
Indian markets are struggling to maintain gains despite positive domestic news. Global factors and foreign selling are creating caution. Short-term traders are advised to reduce