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Growing retail investor confidence drives strong interest in SME IPOs. Companies like Australian Premium Solar and Pratham EPC Projects witness substantial gains post listing. However, caution is advised, as some companies like MVK Agro Food Product are trading below issue price.
Polysil Irrigation Systems IPO: The stock opened at Rs 56 against the issue price of Rs 54 on the NSE SME platform
Trends in the GIFT Nifty indicate a positive start for the broader index in India, with a gain of 62.50 points or 0.28 percent.
Polysil Irrigation Systems IPO listing price: Polysil Irrigation Systems share price made a tepid debut on NSE SME today. On NSE SME, Polysil Irrigation Systems share price was listed at ₹56, which is 3.7% higher than the issue price of ₹54.Polysil Irrigation Systems IPO price band was set at ₹54 apiece. Polysil Irrigation Systems IPO
Over 1000 companies would be announcing their Q3 FY24 results in the coming week, thus ending the earnings season. Among the major ones announcing results are Mahindra & Mahindra, Eicher Motors, Hindustan Aeronautics, Mazagaon Dock Shipbuilders, and Phoenix Mills