Quality Power Electrical Equipments’ IPO opens on Friday with a mix of fresh issue and OFS. The company aims to fund capital expenditure, acquisitions, and strategic initiatives. Analysts recommend subscribing for long-term gains due to the company’s strategic position in high-voltage power products and diversified global customer base.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj