The Rs 54.84-crore public issue, which was open for subscription between October 28 and October 30, saw a moderate response from investors. It was subscribed 1.17 times overall, with the retail investor portion booked 1.18 times, the non-institutional investor (NII) category subscribed 1.48 times, and the qualified institutional buyer (QIB) portion receiving 1.01 times bids.Read More
Maruti Suzuki Chairman RC Bhargava expects 10% growth in small cars in H2 FY25, with strong demand in the 18% GST category driving overall performance. Bhargava said margins will remain stable as discounts ease, while exports of Baleno, Fronx, and Jimny gain momentum. Maruti continues to target a 50% market share by FY31, led by affordable cars.Read More
Renewable energy firm SAEL Industries has filed draft documents late Monday for a stock market listing valued at 45.75 billion rupees ($520.51 million).Read More
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