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Despite the setback, analysts view the correction as a buying opportunity, citing the company's strong order book of 11,900 crore and robust long-term growth prospects.
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News and Media
Analysts are forecasting rates will stay at 4.75% after inflation rose for the second month in a row.
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News and Media
Grey market premiums (GMPs) - the additional price investors are willing to pay over the IPO price in the grey market before the stock lists on the exchanges - of five IPOs are trading at 8-44% above the issue prices, according to sources. A higher premium indicates the market sentiment for the IPO in question. GMPs of IPOs with robust demand tend to be high, which implies a potential upside in the stock on listing.
Category:
News and Media
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