Eppeltone Engineers, an Indian energy solutions provider since 1977, launches its Rs 43.96 crore IPO on NSE SME, opening Tuesday and closing Thursday, with shares priced at Rs 125-Rs 128. The IPO aims to raise capital for working funds, new machinery, and general corporate needs, following a 57% revenue increase and a 38% profit growth in FY25.
D-Street gets a bit of momentum, don’t take it for long bounce
A recent rebound in benchmark indices has improved short-term market momentum, but it is not yet strong enough to signal a sustained bullish trend.The share