Shri Hare-Krishna Sponge Iron Ltd’s IPO, a fresh issue of 50.70 lakh shares priced between Rs 56 and Rs 59, opens on June 24, 2025, aiming to raise Rs 29.91 crore. The company will use the funds to establish a captive power plant. The firm reported a revenue of Rs 83.6 crore and a profit after tax of Rs 9.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and