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Don’t miss the latest developments in business and finance.
S P Apparels announces acquisition of Young Brand Apparel for Rs 223 cr
This includes the garment unit situated at Palladam of Bannari Amman Spinning Mills, and the land and building situated at SIPCOT
Softening cotton prices turning tides in favor of textile players: Analysts
Increased capacity utilisation, softening cotton prices set to help sector: Analysts
Shares of SP Apparels gain 10% on debut
The shares touched a high of Rs 305 on BSE, up 13.8% over its IPO price of Rs 268 apiece, before closing at Rs 295
SP Apparels' IPO subscribed 2.65 times
The price band for the IPO was Rs 258-268 per share
IPO review: Why SP Apparels is not exciting
Although earnings will get a fillip from lower interest costs, the company lags peers on profitability
SP Apparels raises Rs72 crore from anchor investors
Investors include DSP Blackrock, Goldman Sachs India, Birla Sun Life Insurance and Morgan Stanley