EAAA India Alternatives experienced a quiet entrance into the market, debuting at a slight premium over its IPO price. The IPO, valued at Rs 1,200 crore, involved completely an offer for sale by the promoter without any new equity shares being issued. Consequently, no funds will benefit the company directly.
GAIL shares jump 4% as Q2 net profit rises over 8% to Rs 4,650 crore, revenue grows 17%
GAIL shares rose nearly 4% after the company reported strong second-quarter profit and revenue growth, supported by its gas marketing and transmission businesses. Investor sentiment