Orient Cables IPO GMP is in the news due to its recent listing and the grey market hints on its performance on the first day. The article on TradingView discusses the IPO GMPs of Orient Cables and compares them to the German Green Steel IPO.
The article highlights the grey market hints on the first day of the Orient Cables IPO, but it does not provide specific details on why the IPO GMP is in the news. The article mentions that the IPO GMPs of Orient Cables are being compared to the German Green Steel IPO, but it does not provide further information on this comparison.
The article on TradingView does not provide a clear reason why the Orient Cables IPO GMP is in the news. It only mentions that the IPO GMPs of Orient Cables are being discussed in the context of the German Green Steel IPO. Therefore, the exact reason for the IPO GMP being in the news is not specified in the provided evidence.