Vidya Wires’ Rs 300-crore IPO entered its final bidding day with strong demand, after subscriptions hit 8.26 times and GMP improved to 10.6%. Robust retail and NII participation, attractive valuations, and sector tailwinds position the company favourably, with a potential listing price near Rs 57.5 per share.
RBI’s Balancing Act: Inflation concerns ease policy path, even as Rupee weakness raises questions
Former RBI Deputy Governor R. Gandhi highlighted concerns over inflation falling below the MPC’s target, necessitating measures to boost growth and production. He clarified the