Tolins offers quality at a discount, but raw material prices weigh
ET Intelligence Group: Tolins Tyres, a manufacturer of tread rubber and tyres, is aiming to raise βΉ230 crore through an initial public offering. The IPO will consist of a fresh issue of shares worth βΉ200 crore, which will be used for loan repayment and to enhance working capital, while the rest will come from an…
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ECOS Mobility shares end over 13% higher after decent debut. What should investors do?
Shares of ECOS (India) Mobility and Hospitality closed 12.7% higher at Rs 441 on the BSE after a decent debut on Wednesday. The stock initially listed at Rs 391.2, reflecting a 17.1% premium over its IPO price of Rs 334, bringing the total gains to 32.6%. However, the listing was slightly below expectations, as the…
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