Defence PSU stocks have made a notable recovery in recent sessions, rebounding strongly after facing prolonged selling pressure. Many of these stocks have surged by as much as 25% in just 5 trading sessions, outperforming the front-line indices by a considerable margin. Renewed interest in defence stocks came after they began trading at more attractive levels following a significant correction.
Open FlipFlipspaces Technology Labs Pvt. Ltd, a virtual reality, interior designing and contracting firm, backed by Carpediem Capital and Prudent Investment Managers, is in advance stages of discussions for another round of fundraising for its domestic and international expansion. So far, Flipspaces has raised over $7.5 million in equity across four rounds.
Open FlipRajesh Power Services IPO allotment: The allotment for Rajesh Power Services is expected to be finalised today, November 28. Investors can check their allotment status through the registrar, Bigshare Services, or on the BSE website. The IPO, which was open for subscription from November 25 to November 27, saw a healthy response from investors, being oversubscribed by 59 times.
Open Flip