Machinery maker Megatherm Induction on Saturday said it has fixed a price band of Rs 100 to Rs 108 per share for its Initial Public Offering (IPO).
The issue will open for public subscription on January 25 and conclude on January 30, the company said in a statement.
The public issue is entirely a fresh issue of 49.92 lakh equity shares, it said.
‘U’ in UPS stan…
Read moreOn Monday, shares of Reliance Industries rose almost 2% to hit a fresh 52-week high of Rs 2,792.65 on the BSE before settling at Rs 2,787.50. The surge in price movement was seen after the company’s step-down subsidiary, REC Solar Holdings, informed exchanges about selling a 100% stake in REC Solar Norway As (REC Norway) to Elkem ASA for $22 million.
The stock has risen 8% i…
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