Recommendation: Buy; Target price: Rs8,050
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%.
Company's growth to be inline with industry growth.
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.
The company has also deployed ultrafast 5G services at the Jaipur Literature Festival (JLF) venue.
The agreement is for the development of Floating and Ground Mounted based Renewable Energy Projects in the State of Tripura.