Highway Infrastructure is set to list on the stock exchanges today. Its IPO saw massive oversubscription across all categories. The IPO price was Rs 70 per share. Grey market trends suggest a strong listing, potentially near Rs 94. The company operates in tollway collection, EPC projects, and real estate. IPO funds will support working capital and general corporate needs.
FPIs bet small on local debt, inflow pickup seen far away
April witnessed a slight inflow of foreign investments into Indian debt, but the atmosphere remains one of caution. Influences like escalating US and Japan interest