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Half of the IPO is reserved for Qualified Institutional Buyers (QIBs), who bid for only 2% of their allotted shares.

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In the second quarter, the company's sales bookings exceeded Rs 2,228 crore, with gross margins standing at 57%. It added that throughout the quarter, it became net cash positive.

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Recommendation: Add; Target Price: Rs 1150

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The entire revenue of the renewable power company increased by 54% year over year to Rs 2,589 crore in Q2FY24 from Rs 1,107 crore in the same period the previous year.

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Between June 15 and June 23, the USFDA conducted an examination and discovered issues with the company's Pithampur, Indore, and Ratlam facilities.

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The reserved section for employees achieved full subscription, standing at 1.41 times.

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In the September quarter, HUL spent Rs 1,720 crore on advertising and promotion costs, a 65% increase over the previous year.

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The company disclosed in a regulatory filing on October 30 that it received a transfer pricing order from the Income Tax Authority, which imposed a Rs 170-crore income tax liability for the assessment year 2021-22.

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Recommendation: Add; Target Price: Rs 200

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The proposed merger between the Indian media company and Culver Max Entertainment, the local division of Sony Group Corp. in Japan, may have accelerated as a result of the SAT's verdict (Sony Pictures).

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