Weak show expected from the company amid several pressure points.
The price band for the offering stands at Rs 705-741 per share.
The IPO encompasses a fresh issuance of shares valued at Rs 600 crore and an offer for sale of Rs 425 crore shares by Arpwood Group.
Total deposits of the bank witnessed a healthy growth of 12% to reach Rs 45.31 lakh crore from Rs 40.45 lakh crore last year.
Recommendation: Buy; target price: Rs 520
Recommendation: Buy; target price: Rs 1315
The company's quarterly net profit witnessed an impressive 91.2 % YoY increase, reaching Rs 17.4 crore
The purchase of 550 buses reflects the company's ambitious expansion plans.
Recommendation: Buy; target price: Rs 1315
Lupin also reported a 28.6 % increase in revenue
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