📌 Borosil Renewables' shares surged to a 5% upper circuit for a second consecutive day after promoter Kiran Kheruka increased his stake in the company, buying 96,000 shares worth Rs 5.4 crore, boosting his holding to 3.64%. This move is seen as a positive sign, reflecting confidence in the company's growth prospects.
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📌Leo Dryfruits & Spices Trading📌 IPO listed at ₹68 on BSE SME, a 31% premium over the issue price of ₹52, before falling to ₹66.50. The ₹25.12 crore 📌SME IPO was subscribed 181.77 times, with non-institutional and retail investors driving the demand. Proceeds will fund working capital, branding, and marketing.
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📌Kalyan Jewellers' shares dropped 📌6.2% to Rs 677.55 on profit booking despite reporting a📌 41% YoY revenue growth in Q3, with same-store-sales growth of 24% and a strong pipeline of showroom openings. The company's digital platform, Candere, saw an📌 89% YoY revenue growth, and Motilal Oswal maintains a 'buy' rating with a target price of Rs 875.
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