ET Intelligence Group: Power Grid Corporation of India’s (PGCIL) decision to ban KEC International (KECIL) from participating in tenders for the next nine months for non-compliance with contractual provisions is likely to result in loss of over ₹1,500 crore worth of orders for the latter. According to PL Capital, this could reduce FY27 earnings per […]
So far, on the second day of his IPO, Atlanta Electrics saw a general subscription of 1.19 times at 12:45 pm, along with a strong gray market premium (GMP) of 12.6%or RS 95-100. Non-institutional investors drove enthusiasm and subscribed to the issue 2.66 times, followed by the retail investors, who have subscribed to the issue […]