Polycab India is poised for growth, driven by strong demand from power and real estate sectors, with planned investments of Rs. 1,000-1,100 crore annually in capacity expansion. The company is expected to achieve its FY2026 target in FY2025 and announce LEAP 2.0 soon, with a projected revenue/PAT CAGR of 20%/21% from FY2024-FY2027.
Open FlipIndo Farm IPO GMP has surged up to 45 percent as the issue continues to garner robust subscription in the primary market. Indo Farm Equipment Ltd IPO got subscribed 27 times on the day 2 of subscription on Wednesday amid strong investors participation. The Rs 260-crore issue, with a price band of Rs 204-215 per share, will conclude on January 2.
Open FlipNippon Steel Corp. offered to give the US government a veto over any reduction in US Steel Corp.’s production capacity in a proposal that marks a last-ditch effort to win President Joe Biden’s approval for its takeover of the iconic American company, according to a person familiar with the matter. Shares of US Steel surged by the most in a year.
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