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This exceptional year not only reflected the confidence of issuers but also highlighted investors' eagerness to seize listing-day gains or back companies with strong long-term growth potential.
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The company has in-house design and manufacturing capabilities. However, it historically has a lower operating margin before depreciation and amortisation (Ebitda margin) compared with peers. This is expected to change given the improvement in the margin for the six months that ended September 2024 due to rising operating efficiency.
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A gap-down happens when a stock opens at a much lower price than where it closed the day before, leaving a gap on the price chart thats considered a sign of investor panic. The Sensex and Nifty fell 1.5% the next day.
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News and Media
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