Canara Bank net profit up 8.4%, treasury losses weigh

Zetwerk Manufacturing, a company incorporated in 2017, is planning to raise ₹2,830 crore through an IPO and ₹2,182 crore from an offer for sale. The company operates a universal factory model with various clients. Although revenue grew significantly, the operating margin remained thin and net losses increased in recent years. Investors are cautious due to rising debt.