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The government on Saturday approved the proposals of Dell, HP India, Flextronics India, VVDN Technologies, Netweb Technologies, Lenovo, and 21 others for manufacturing of IT hardware under the second phase of the production linked incentive scheme.
The scheme, which covers laptops, tablets, PCs, servers and ultra-small form factor devices, is expected to fuel incremental investments of about Rs 3,000 crore.
Six companies listed in Samvat 2079 have given multibagger returns (compared to their issue prices) so far while most of the remaining are trading above their issues prices.
Six IPOs have turned multibaggers in Samvat 2079 with the highest return of over 300% by Kaynes Technology. The other offers which have delivered over 100% returns till date include Plaza Wires, Cyient DL, Global Health, Senco Gold and Utkarsh Small Finance Bank.
Netweb Technologies, a leading high-end computing solutions (HCS) provider in India, has achieved strong growth in the quarter ended September 30, where its total income increased by 100.4 per cent year-over-year, reaching Rs 1,480 ...