The company's Chairman and Managing Director, Sanjay Swarup, highlighted that CONCOR achieved its highest-ever results in the company's history during Q2FY24
Recommendation: Buy; Target Price: Rs 500
The significant increase in net profit was due to a one-time gain of Rs 1,371 crore attributed to a tax credit
The public offer comprises a fresh issue of 6.51 crore shares valued at Rs 390.7 crore and an offer-for-sale of 1.2 crore shares
As per the tentative IPO schedule, the company is set to declare its share allotment on November 7.
Recommendation: Add; Target Price: Rs 2600
The center will focus on hiring local talent, with plans to attract, re-skill, and up-skill 500 new employees over the next four years.
According to a JK Lakshmi Cement Ltd. regulatory filing, the company reported a consolidated profit after tax of Rs 61.79 crore for the July–September quarter of the previous fiscal year.
A boost in stock-specific buying was further propelled by robust corporate results.
The company's ports in India collectively demonstrated a volume growth of approximately 15% on a year-on-year basis
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