Analysts at IIFL Capital Services undertake monthly dealers’ check to summarize pricing actions.
Nifty PSU Banks and Nifty Realty emerge as the leading sectoral gainers, each experiencing over 2% growth.
The only book running lead manager for the offer is Khambatta Securities Limited, and the offer's registrar is KFIN Technologies Limited.
Collections and Net Operating Cash flow also saw significant increases, rising by 43% to ₹2,411 crore and 45% to ₹798 crore, respectively, in Q3FY24
The price band is fixed at ₹445 to ₹468 per equity share
Recommendation: Buy; Target price: ₹135
The company is partnering with HCL Group for the project, with an initial investment of ₹1,200 crore
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