M&B Engineering plans to raise ₹650 crore through an IPO, including a fresh issue and offer for sale, to fund expansion and debt repayment. The company, known for its AISC-certified PEB facility and higher margins, will see promoter stake decrease post-IPO.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may