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The optical and digital solutions company will be responsible for end-to-end premise connectivity in the temple, which was inaugurated by PM Modi a day earlier
Tata Technologies will be the first IPO by the Tata Group in nearly two decades, after Tata Consultancy Services. The company is likely to raise around Rs 3,000-3,200 crore via IPO
MD Ankit Agrawal said that the company has about 20 per cent market share in Europe and between 10 to 12 per cent market share in the US. "We do see some inventory build-up in North America. We do expect probably another six to nine months for that inventory to reduce and then the demand to come back. Overall for this year, we do expect some volume decline. And probably from next year onwards, the volumes will come back," Agrawal said.
Only eight stocks in the smallcap space delivered double-digit returns. Black Box was the top gainer in the week with 20.64% returns.
Dr. Reddys, HUL, ITC, Kotak Bank and JSW Steel were among the top losers on NSE.