I would say there would be more flow which will be coming back. The simple reason in emerging market basket, India stands out. So, I see a situation where both as the interest rates, right now, the sense is peaking out and in my opinion over the next one to two years you will start seeing interest rates coming down.
Sat Industries, the promoter of Aeroflex, said that it has sold a total of 7.6 per cent stake of the IPO-bound firm to select investors and garnered a total of Rs 76.14 crore before the IPO.
India s manufacturing sector is gaining momentum and presents a lucrative opportunity for investors. The country s growing competitiveness, expanding import substitution and export potential, and increasing global demand for Indian goods are driving its growth. Investors who identify companies with strong capabilities and proven management track records stand to benefit significantly from this growth trajectory. While specific sub-sectors may experience fluctuations, the manufacturing sector s overall trend remains favorable in the long run. The industry s cyclicality provides avenues for significant returns, especially for companies with visionary leadership.
SAT Industries Ltd has sold 40,63,337 equity shares i.e., 3.55% held in its material subsidiary, Aeroflex Industries Limited for a total consideration of INR 35.58 Crores.
Investors rush to snap up shares in Aeroflex Industries Limited, with the leading Indian flexible flow solutions player on course to launch first IPO of flexible flow industry soon.