Prime Cable Industries is poised for its stock market debut on Monday, with modest expectations for its listing. Despite the IPO being oversubscribed 8.28 times across all categories, a grey market premium of just 4% suggests a flat-to-marginal opening. The company reported strong FY25 financials, yet analysts indicate its current valuation leaves little room for immediate upside.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets