Most analysts had a ‘subscribe’ rating on the IPO. Though, analysts are yet to start their coverage of the stock, some analysts express their bullishness on the prospect of the company.
A total of 12,188 shares changed hands on the counter till 10:56AM (IST)
Voltas Ltd. key Products/Revenue Segments include Electrical Goods, Contract Revenue, Sale of services, Other Operating Revenue and Scrap for the year ending 31-Mar-2021.
The Relative Strength Index of the stock stood at 67.22 on Thursday.
At 09:30 hours (IST), Lupin’s shares traded at Rs 957.70 on the National Stock Exchange, up 1.11% from previous close.
The Nifty IT index was trading 0.51 per cent down at 35364.05.
A total of 16,653 shares changed hands on the counter till 01:41PM (IST)
“ when we talk about fintech companies taking market share away, will you and I ever go and put our money and deposit in any of the fintech companies? Please answer me that. Where is the asset base?"
“The base case for the market has to be earnings growth and historical or slightly higher than historical multiples and if the story plays out well then the overshoot would be a bonus.â€
“In fact, amongst the larger names, while TCS had a soft Q1, one could probably see another 4% constant currency growth. Infosys with the Daimler deal should give them more consolidated gains.â€
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