Ola Electric shares fell 6.5 per cent after Goldman Sachs downgraded the stock to sell and cut its target price to Rs 23. Concerns over cash flow, funding needs, rising costs, declining revenue and market share weighed on investor sentimentÂ
Lumino Industries will launch its Rs 700 crore IPO on August 27, featuring a Rs 500 crore fresh issue and Rs 200 crore OFS. Proceeds will reduce debt, fund machinery purchases and facility upgrades. Shares will list on BSE and NSE September 3
Highway Infrastructure Ltd debuted on BSE and NSE with over 64% premium to its IPO price of Rs 70, valuing the firm at Rs 881 crore. The Rs 130-crore IPO, oversubscribed 300.61 times, funds tollway, EPC, and real estate operations
