Recommendation: Buy; Target price: Rs 2390
The food processing facility, which is spread across nearly 59 acres of land and has a built-up area of 6.5 lakh square feet
Use of more technology in construction, can reduce construction time.
Order inflows remain healthy
The interim dividend shall be paid within 30 days of declaration.
Over time, Trent and MAS would pool their domain expertise to undertake design, development and manufacturing.
Consolidated Sales for the quarter increased by 1.7%.
The state-of-the-art facility for manufacturing C-LFP will cost Rs210 crore with an initial capacity of 3GWH/PA.
The stock hit an intraday high of Rs1051 per share and intraday low of Rs1046.40 per share on the BSE.
Dunzo last raised $240 million in January 2022 in a funding round led by Reliance Retail Ventures Ltd.