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This project, costing ₹95.95 Crore, is scheduled to be completed within 240 days.

Season-to-date rainfall (since 1-Jan-24) is ~5% below normal. Reservoir levels are below last-year levels and 10yr average.

HDFC Bank highlighted Rampal's significant contributions in scaling up business and implementing digital initiatives

Quess’ underlying business momentum remains healthy and the targeted Ebitda break-even at foundit by Q4FY24 remains on track. Analysts of IIFL Capital Services raise EPS for FY25/26 by 5%/2%. Their new TP comes to Rs650 (vs Rs640 earlier).

The stock is currently trading at ~58x/48x CY25/26. Though expensive, analysts of IIFL Capital Services believe the valuation is justified given the track record and strong growth prospects. They maintain BUY; TP Rs1,500.

Management believes that while Gen-AI is capable of driving business disruptions, it is still an evolving model. For large-scale deployment of Gen-AI, ILOM will have to wait for Gen-AI to stabilise and become more mainstream. However, the company continues to experiment with the technology. Maintain BUY.

Additionally, the bank warned that any incoming NEFT transfers—including salaries and other payments—that were supposed to arrive on April 1 might potentially be delayed.

The Mehta family, who are the promoters of the company, currently holds an 86.67% stake, while the remaining 13.33% is publicly owned.

Export tractor sales in March 2024 amounted to 533 units, indicating a 24.3% decrease from the 704 units sold in March 2023.

The IPO exclusively comprises an offer-for-sale (OFS) component, involving 1.8 Crore equity shares, with no fresh issue component. The OFS constitutes 30% of the total paid-up equity capital.