JSW Steel and JFE concluded a joint feasibility study on May 22.
Robust performance expected on all key parameters.
The initial public offering (IPO) encompasses a new equity issuance of up to Rs 600 crore along with an offer for sale (OFS) of up to Rs 425 crore.
Analysts of IIFL Capital Services forecast USD Revenue/EPS Cagr of 16%/15% over FY23-26. However, with the stock trading at 29x their FY25 P/E, they see the risk-reward as balanced. ADD.
The company has secured 74,750 hectares of land parcel in Gujarat on a 40-year lease for its green hydrogen project.
The sale of approximately 16 million shares is estimated to generate approximately $501 million.
The approval enhances Lupin's Presence in the US market and reaffirms its commitment to providing accessible healthcare solutions.
The company said that net profit grew sequentially by 2.7% from Rs 736 crore in Q4FY23.
L&T Finance Holdings reported a tremendous 102.6% increase in consolidated net profit.
Following a meeting between Foxconn Chairman Young Liu, Karnataka's IT Minister Priyank Kharge, and Industries Minister MB Patil, investment decisions were made.
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IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
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