Wakefit Innovations, known for its mattresses, is launching its IPO with a positive grey market outlook. The company is raising over Rs 1,200 crore. Despite strong sales growth and a wide product range, Wakefit remains loss-making. Investors should consider the risks alongside the brand’s momentum before subscribing to the offer.
Energy, telecom continue to draw foreign flows in Nov
Foreign investors injected significant capital into India’s energy and telecom sectors in the latter half of November, continuing a trend from earlier in the month