Specializing in advanced braking systems for the two-wheeler segment, ASK Automotive is set to open its Rs 834-crore initial public offering on November 7
HNIs and retail investors drove the demand, subscribing 1.65 times and 1.49 times their allotted quota, respectively.
Recommendation: Buy; Target price: Rs 120
All sectoral indices, apart from PSU Bank, concluded the day in positive territory
The company reported a loss of Rs 2,475.69 crore in a stock exchange filing for the same time last year.
Recommendation: Buy; Target Price: Rs 1400
Recommendation: Reduce; Target price: Rs 205
Recommendation: Buy; Target price: Rs 3200
Recommendation: Add; Target price: Rs 3350
EBITDA for the quarter was Rs 883 crore, registering a 48% increase.
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