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Orkla India shares listed at Rs 750, about 2.7% above the issue price, before slipping below IPO levels. Analysts say the flat debut offers a good entry point for long-term investors, citing strong brands like MTR and Eastern, steady growth, and rising demand for packaged foods.
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An extra 1,300 children will benefit as more families are automatically enrolled for free meals.
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Growws Rs 6,632 crore IPO, which saw 57% subscription on Day 1, has received a wave of positive recommendations from leading brokerages. Most analysts rated the issue as "Subscribe," citing Growws leadership in Indias retail investing market, robust tech stack, and long-term potential despite steep valuations.
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