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The company works under contract development and manufacturing organization business model
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Following this announcement, Tata Motors' stock price surged by 4.76% to Rs 667.15 on the BSE.
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Should retail investors look to sail the current ride of IPOs? If you want to invest, what should you keep in mind? What are the risks of IPO market?
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ASM, which stands for Additional Surveillance Measure, is a method or measure of additional scrutiny placed on shares.
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Another IPO has hit the primary market and just on first day it has been fully subscribed. That company is Plaza Wires. Besides this Valiant Laboratories is also open for subscription Plaza Wires It will remain open from 29th September to 5th October. Its price band is Rs 51 to Rs 54 per share. The […]
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Even though it was a much-anticipated company and already a known name in the space, investors did not show much interest due to financial concerns
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Although company’s revenues are increasing and its operating cash flows are positive but company is in loss.
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It's peers include names like Bajaj Electricals, Crompton Greaves, Havells, V-Guard among others. In last 3 years, its profit has increased from Rs 122.40 crore to Rs 189.87 crore. While revenues went up from Rs 2,505.54 crore to Rs 5,633.64 crore from FY20 to FY23.
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Currently, one IPO is active on the mainboard and 5 companies are active on SME space
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Company’s profit has increased five times in two years from Rs 5.46 crore in FY21 to Rs 25.04 crore FY23.