Kiaasa Retail’s Rs 70 crore IPO opens Monday, with no immediate listing gains expected. The company, a women’s ethnic and fusion wear brand, plans to use IPO proceeds for opening new stores. Kiaasa reported increased income and profit in FY25, operating 113 outlets across India.
Clouded outlook suggests waiting on IDFC First Bank despite sharp correction
IDFC First Bank’s stock plummeted 16% after a ₹590 crore fraud was discovered at its Chandigarh branch. This incident has significantly dented its valuation multiple,