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The first initial public offering (IPO) of Avalon Technologies, for the financial year 2023-24, is set to open for subscription next week.
Among the risks, any increase in the cost of raw materials or components, or any delay, shortage, or interruption in the supply of raw materials and major production inputs may adversely affect the business.
Only two companies including Dreamfolks Services and Electronics Mark India- delivered a listing pop of 55 per cent and 52 per cent, respectively.
Stocks to watch out for today: Inox Green Energy Service, Wipro, Nykaa, Vedanta, Larsen & Toubro, Dr Reddy's, Mindtree and more
Kaynes Technology India Limited makes a strong debut on the exchanges to close 17% premium to its issue price.