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Shares of Shubhshree Biofuels Energy made a robust debut on the NSE SME platform on Monday, opening at Rs 189, which is a 58.8% premium over the issue price of Rs 119. This strong start indicates solid investor interest, although the gains were slightly less than the 63% premium anticipated in the grey market prior to the listing.
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Shares of Macrotech Developers rose 5% to Rs 1,297.60 on BSE after Nomura initiated coverage with a buy rating and a target price of Rs 1,600. The firm expects strong earnings visibility and pre-sales growth at 20% CAGR over FY25-26, supported by solid operating cash flow and low net debt.
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How did HS2 manage to go so far over its original budget?
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