Ellenbarrie Industrial Gases, a Kolkata-based industrial gas manufacturer, is launching its Rs 852.5 crore IPO on June 24, with a price band of Rs 380-400 per share. The IPO includes a fresh issue and an offer for sale, aiming to repay debt and expand capacity. SBI Securities recommends subscribing, citing the company’s strong financials and strategic growth plans.
Andrew Ferris warns S&P 500 rally is ‘superbly overvalued’
Andrew Ferris of Ecognosis Advisory suggests that inflation is rising. He believes the Federal Reserve will not cut interest rates in September. He finds the