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Analysts of IIFL Capital Services perceived a risk to the sustainability of low discounts, if any of the larger players lost market share.

The IPO comprises a fresh issue of Rs 450 crore and an offer-for-sale of up to 24.12 lakh shares by existing shareholders and promoters.

Accenture reported a 3% sequential decline in deal-bookings in Q4FY23 compared to earlier flat growth expectations, impacting the broader IT sector

TCS successfully capitalizes on global demand for digital transformation, despite a challenging year for the business technology category in general, as stated by the data and consulting company

The company's board will convene on October 4 to determine the issue price for the QIP

The company stated in a regulatory filing that it had received an income tax assessment order/demand order for the financial year 2019–20 (assessment year 2020–21) with a tax demand and interest.

Foreign Institutional Investors (FIIs) sold equities worth Rs 3,364.22 crore on Thursday

The company has fixed the price band at Rs 133 to Rs 140 per equity share

Although the industry will be compelled to take price hikes, analysts of IIFL Capital Services believe the govt will restrict it; given that the elections are looming in some states in the coming months.

According to a BSE notification dated September 28, it will be involved in the importing, warehousing, distribution, and exportation of pharmaceuticals.