Fractal Industries is poised for its BSE SME debut with modest listing gains expected around 3%. The Rs 49 crore IPO, fully subscribed 5.44 times, will fund working capital and corporate needs. The garment manufacturer, serving major e-commerce platforms, reported strong revenue and profit growth in FY25, indicating healthy business performance.
Rupee flat on hopes West Asia truce will hold
The Indian rupee remained stable against the dollar as risk assets gained across Asia and Europe. Falling oil prices and expectations of a West Asian