Innovision’s IPO opens March 10, aiming to raise Rs 323 crore with shares priced between Rs 521-548. The manpower and toll management services provider reported strong revenue growth but thin margins, leading to cautious investor sentiment and a flat listing expectation. Brokerages advise caution due to valuation concerns and the need for margin improvement.Read More
Tokyo’s Nikkei index surged Tuesday, regaining ground after a significant drop, as global efforts to stabilize markets gained traction. Major economies are reportedly preparing to tap oil reserves to counter volatility stemming from the Middle East conflict. Japanese Finance Minister Satsuki Katayama indicated G7 energy ministers would convene to discuss reserve releases, offering a glimmer of hope for market stability.Read More
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