Scoda Tubes launched its IPO on May 28, aiming to raise Rs 220 crore through a fresh issue of shares priced between Rs 130-140. Canara Bank Securities suggests subscribing for long-term gains, citing technical expertise and export growth. While financials show revenue and profit increases, investors should consider cash flow and customer concentration risks.
VRL Logistics board to meet on July 4 to consider bonus share issue
VRL Logistics’ board will meet on July 4, 2025, to consider issuing bonus shares to eligible shareholders, with the record date to be announced later.