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Retail investors bought 15.09 times and high net-worth individuals picked 62.17 times the allotted quota, while qualified institutional buyers (QIBs) picked 220.48 times their reserved portion
The firm reported revenue of Rs 30.29 crore in FY23 against Rs 34.44 crore a year ago. Net profit for the year stood at Rs 7.80 crore against Rs 8.64 crore a year ago
The brokerage house upgraded Ultratech Cement, Dalmia Bharat, and Ramco Cement from Neutral to Buy.
The SJVN stock has given a return of 122.06 percent over the last six months. The benchmark Nifty50 index has given a return of 13.71 percent over same duration.
L&T's order book stood at Rs 4,50,700 crore in the first half of FY24, up 22 percent on year from the previous fiscal.