In a solid stock market debut, shares of CMR Green Technologies listed at 43% premium over IPO price on Wednesday. The stock opened at Rs 275.40 on the BSE as compared to its issue price of Rs 192.

Meanwhile, the stock opened at Rs 268 on NSE, surging 40% from IPO price.

Robust IPO subscription

The IPO was subscribed 127.07 times overall, making it one of the most sought-after public issues of the year. Institutional investors drove the demand, with the qualified institutional buyer (QIB) portion subscribed 270.46 times. The non-institutional investor (NII) segment was booked 172.35 times, while the retail investor category attracted bids worth 27.08 times the shares reserved for it.

More than 33.7 lakh applications were received across categories, highlighting strong participation from both institutional and retail investors.

Ahead of the IPO opening, the company had raised Rs 188.44 crore from anchor investors through the allocation of 98.14 lakh shares.

About the company

CMR Green Technologies, incorporated in 2006, is one of India’s leading non-ferrous metal recyclers and operates in the secondary aluminium market. The company manufactures recycled aluminium alloys, zinc alloy ingots, aluminium billets and other recycled metal products that are used across automotive and industrial applications.

Its customer base includes several leading automobile manufacturers and component makers such as Honda Cars India, Bajaj Auto, Hero MotoCorp, Royal Enfield, Endurance Technologies, Maruti Suzuki and Jindal Stainless.
The company is positioned to benefit from increasing demand for recycled metals as manufacturers globally focus on reducing carbon emissions and improving sustainability across supply chains. Aluminium recycling consumes significantly less energy than primary aluminium production, making recyclers increasingly important in the transition towards greener manufacturing.
Financially, the company has shown steady growth. For the nine months ended December 2025, CMR Green Technologies reported revenue of Rs 6,291 crore and profit after tax of Rs 162.39 crore. For FY25, it reported revenue of Rs 6,696.66 crore and net profit of Rs 155.04 crore.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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Fertiliser stocks witnessed strong buying interest on Wednesday, with shares of The Fertilisers and Chemicals Travancore (FACT) and Chambal Fertilisers & Chemicals surging up to 5% during the trading session. The rally followed reports that the Fertiliser Ministry has sought a significant increase in the subsidy budget for FY27.

According to government sources cited by PTI and The Times of India, the Ministry has approached the Finance Ministry to double the fertiliser subsidy allocation to Rs 1.71 lakh crore, reflecting mounting concerns over escalating global fertiliser prices and rising import costs.

The proposed hike comes amid disruptions linked to the ongoing West Asia conflict, which has pushed up international fertiliser prices and strained global supply chains. Officials have warned that if these challenges persist, India’s fertiliser subsidy bill could exceed Rs 3 lakh crore during the current fiscal year.

A prolonged disruption in shipping through the Strait of Hormuz, a critical trade route, could further inflate India’s fertiliser import bill and complicate procurement efforts. At the same time, a shrinking global supply pool continues to exert upward pressure on prices.

However, officials noted that the final subsidy requirement may ease somewhat as domestic fertiliser production continues to improve, helping offset part of the import burden.

India currently provides substantial subsidies on key fertilisers to shield farmers from price volatility. Neem-coated urea is sold at Rs 242 per 45 kg bag, while di-ammonium phosphate (DAP) is priced at Rs 1,350 per 50 kg bag.
The prospect of higher subsidy support and sustained demand optimism has put fertiliser stocks firmly in investors’ focus, making the sector one of the standout performers in Wednesday’s trade.

Share price snapshot

Fertilisers and Chemicals Travancore (FACT): Shares of FACT surged 5% to Rs 920 during Wednesday’s trade. The company currently has a market capitalisation of Rs 56,686 crore, while the stock’s 52-week high stands at Rs 1,085.Chambal Fertilisers & Chemicals: The stock advanced 4% to Rs 473, drawing investor attention amid the sector-wide rally. The company commands a market capitalisation of Rs 18,220 crore, and its 52-week high stands at Rs 580.70.

Technical indicators

FACT: The stock’s 14-day Relative Strength Index (RSI) is at 50.1. An RSI reading below 30 is generally considered oversold, while a reading above 70 indicates overbought conditions.

Chambal Fertilisers & Chemicals: The stock’s 14-day RSI stands at 49.2, suggesting neutral momentum. Typically, RSI levels below 30 signal oversold territory, whereas readings above 70 point to overbought conditions.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times.)

PERTH, Australia — Residents of Western Australia seeking expert legal representation after accidents, workplace injuries or medical negligence have several standout options in Perth’s personal injury law sector. Leading firms and practitioners recognized through peer reviews, client feedback and industry guides like Doyle’s Guide and Best Lawyers continue to deliver strong results in compensation claims as of mid-2026.

Personal injury law in Perth focuses on motor vehicle accidents, workers’ compensation, public liability and medical negligence cases. Many firms operate on a “no win, no fee” basis, offering initial consultations at no cost. Selection often depends on case specifics, success rates and client rapport, with local expertise in Western Australian courts proving valuable.

1. Maurice Blackburn Lawyers (Perth Office) Maurice Blackburn stands out as one of Australia’s largest and most experienced plaintiff firms with a strong Perth presence. The team handles a wide range of personal injury matters, including car accidents, work injuries and medical negligence, leveraging national resources while maintaining deep local knowledge. Lawyers like Marie Eberlein, recognized for medical negligence expertise, contribute to high success rates and substantial settlements for clients.

The firm emphasizes compassionate client service and has built a reputation for fighting large insurers effectively. Its Perth team combines community understanding with specialized litigation skills, making it a frequent choice for complex claims requiring thorough investigation and court advocacy.

2. Turner Freeman Lawyers Turner Freeman ranks highly in Doyle’s Guide for personal injury and workers’ compensation in Western Australia. With a dedicated Perth office, the firm boasts decades of experience securing compensation for accident victims, asbestos-related diseases and workplace injuries. Its “no win, no fee” model and client-focused approach have earned consistent praise.

The team’s track record includes major payouts, reflecting strong negotiation and litigation capabilities. Clients appreciate the firm’s commitment to clear communication and maximizing outcomes under Western Australia’s compensation schemes.

3. Peninsula Personal Injury Lawyers This family-owned firm with offices in North Perth and Mandurah has gained recognition for its 99% success rate claim and client-centric service. Specializing in car accidents, workers’ compensation and public liability, Peninsula offers free initial consultations and operates on a no win, no fee basis for eligible cases.

Reviewers frequently highlight the team’s accessibility and dedication, describing them as “always in your corner.” The firm’s local focus allows personalized attention, making it suitable for clients preferring smaller, responsive practices over larger national entities.

4. Stephen Browne Personal Injury Lawyers With over 40 years of experience across Perth and regional Western Australia, Stephen Browne Personal Injury Lawyers has earned multiple awards as a leading injury law firm. The practice handles motor vehicle accidents, workplace claims and negligence cases with a track record of favorable outcomes.

Its top-rated team emphasizes local knowledge and aggressive advocacy. Clients value the firm’s commitment to securing the best possible compensation while providing support throughout the often stressful claims process.

5. Foyle Legal / Blumers Personal Injury Lawyers Foyle Legal has secured notable compensation payouts and earned recognition as a top compensation firm in Perth through client reviews and industry awards. Blumers, led by figures like Noor Blumer (recognized in Doyle’s Guide and honored in 2026 with an Order of Australia), offers specialized expertise in workers’ compensation and public liability.

Both practices focus on practical, results-oriented representation. Their combined reputation for high-value settlements and client satisfaction makes them strong contenders for injury claims in the Perth area.

Choosing the Right Representation

Experts advise potential clients to research lawyers based on specific case needs, such as motor vehicle versus medical negligence expertise. Factors like communication style, fee structures and past results should guide decisions. Many Perth firms provide free case evaluations, allowing injured individuals to assess fit without upfront costs.

Western Australia’s legal framework, including the Workers’ Compensation and Injury Management Act, requires timely action. Statutes of limitations vary by claim type, underscoring the importance of early consultation with qualified professionals. Peer-reviewed recognitions from Best Lawyers and Doyle’s Guide serve as reliable indicators of excellence.

Industry Trends in 2026

Personal injury practices in Perth report increased demand amid rising road accidents and workplace incidents. Firms increasingly incorporate technology for case management and client updates while maintaining personalized service. Competition remains strong, with emphasis on transparency and ethical practices.

Client reviews on platforms like Google and independent directories consistently praise firms that deliver not only financial compensation but also guidance through recovery processes. Success often hinges on thorough evidence gathering and skilled negotiation with insurers.

Broader Context for Claimants

Perth’s personal injury sector benefits from a supportive legal community focused on plaintiff rights. While major national firms offer scale, boutique and mid-sized practices provide agility and dedicated attention. Potential clients should verify current credentials and seek referrals where possible.

Regulatory bodies like the Legal Practice Board of Western Australia oversee practitioner standards, providing additional consumer protection. As the year progresses, firms continue adapting to legislative changes and court precedents that influence compensation outcomes.

Advice for Those Seeking Help

Injured individuals should prioritize firms with proven track records in similar cases. Initial consultations offer opportunities to discuss claim viability and expected timelines. Documentation of injuries, medical records and incident details strengthens cases from the outset.

Community resources and legal aid services may assist those with limited means. However, most personal injury specialists offer accessible entry points through contingency arrangements. Prompt action preserves evidence and maximizes recovery potential under applicable schemes.

Looking Ahead

Perth’s personal injury lawyers play a vital role in supporting accident victims and holding negligent parties accountable. The highlighted practices represent a cross-section of highly regarded options based on 2026 recognitions and client feedback. Individuals facing injury-related challenges are encouraged to reach out for tailored advice.

The sector’s commitment to justice and compensation remains strong, with ongoing professional development ensuring lawyers stay abreast of best practices. As Western Australia grows, demand for skilled representation in personal injury matters is expected to continue.

For those affected by accidents or negligence, consulting one of Perth’s top practitioners can make a significant difference in navigating the complex path to fair outcomes. Thorough research and direct engagement with firms help ensure the best possible advocacy during difficult times.