Omnitech Engineering has announced its upcoming IPO, aiming to raise Rs 583 crore with a price band of Rs 216-227 per share. The precision component manufacturer’s share sale opens February 25, with funds earmarked for debt repayment and expansion. The company, serving global energy and industrial clients, is set to list on March 5.
Gaurav Jogani sees jewellery, footwear driving consumer discretionary growth
Jewellery and footwear sectors are driving growth in consumer discretionary spending. Quick-service restaurants are adapting with pricing strategies. Margins are improving due to cost management.