The Jhunjhunwala family invested ₹195 crore in the Knowledge Realty Trust REIT IPO, set to earn ₹13.65 crore annually at a 7% projected yield, surpassing prevailing bank FD rates. Investor response has been strong, with the IPO subscribed 6.91 times.
Warning Signal? FIIs cut stake in 11 smallcap stocks in the last 3 quarters; prices crash up to 70%
Reliance Power’s shares declined as the Enforcement Directorate filed a chargesheet in a fake bank guarantee case, weighing on investor sentiment and drawing renewed attention