The ice cream industry, which brought in €7.9 billion ($8.6 billion) in sales in 2023, has long been a point of contention for Unilever because of Ben & Jerry's political positions.
Asian markets were reluctant on Wednesday amid concerns that the Federal Reserve may imply a slower pace of rate cuts this year.
In the previous session, when market players evaluated the impact on oil and petroleum supply from Ukrainian drone attacks on Russian facilities, both Brent and WTI settled at their highest levels since late October.
The IPO solely consists of an offer-for-sale (OFS) of 10 Crore equity shares by the solitary public stakeholder, Telecommunications Consultants India, without any fresh issue element. Consequently, the entirety of the proceeds from the IPO (excluding expenses) will funnel back to the selling shareholder.
Here are some of the stocks that may see significant price movement today.
No fresh positions are permitted in the F&O contracts of these stocks during the ban period
Headquartered in Jammu and Kashmir, SRM Contractors specializes in constructing roads, tunnels, and undertaking slope stabilization projects in the Union Territories of J&K and Ladakh.
While traders are anticipating the U.S. central bank's economic and interest rate projections for the remainder of the year; rates are projected to remain unchanged.
Through increasing use of renewable energy and water recycling in the paint manufacturing process, Grasim's decarbonisation push would be accelerated by IFC's investment, the business stated.
Based on FY23 profits, the IPO was valued at a P/E of 28.9x at the higher price range.

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