While agrochemical demand remains subdued due to unfavourable weather conditions and crop price pressures, fertilizers are benefiting from structural advantages, making them the preferred pick.
The larger the IPO, the lower the expense ratio, the data showed. Offerings under ₹500 crore incurred average costs of 9.3%, while mega IPOs above
Reliance shares surged over 5% on Monday-the highest single-day gains since June 2024-to a market valuation of ₹18.5 lakh crore, from ₹17.6 lakh crore.
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