Smarten Power Systems, a Delhi-based solar equipment manufacturer, is set to launch its IPO today. The company aims to raise Rs 50 crore through fresh issuance and offer for sale. The IPO will be priced at Rs 100 per share and will close on July 9. The proceeds will be used for expansion and working capital.
Market veterans favour value plays over crowded, expensive themes
Market experts project cautious optimism for Indian equities as valuations become less demanding and earnings growth aligns. Large-cap stocks appear more favorable compared to mid-