As of December 2023, Goswami Infratech Pvt Ltd holds a 72.35% stake, while Shapoorji Pallonji and Company owns a 16.64% stake in Afcons Infrastructure Ltd.
The Mehta family, who are the promoters of the company, currently holds an 86.67% stake, while the remaining 13.33% is publicly owned.
Quess’ underlying business momentum remains healthy and the targeted Ebitda break-even at foundit by Q4FY24 remains on track. Analysts of IIFL Capital Services raise EPS for FY25/26 by 5%/2%. Their new TP comes to Rs650 (vs Rs640 earlier).
The IPO exclusively comprises an offer-for-sale (OFS) component, involving 1.8 Crore equity shares, with no fresh issue component. The OFS constitutes 30% of the total paid-up equity capital.
The company received the order and related communications on March 30, stating it relates to excess input tax credit availment, interest, and penalty.
HDFC Bank highlighted Rampal's significant contributions in scaling up business and implementing digital initiatives
Management believes that while Gen-AI is capable of driving business disruptions, it is still an evolving model. For large-scale deployment of Gen-AI, ILOM will have to wait for Gen-AI to stabilise and become more mainstream. However, the company continues to experiment with the technology. Maintain BUY.
Singhal expressed his honor in taking on the role and pledged to continue driving value for stakeholders with the support of Tata International's dedicated team.
During the life of the PPA, the annual Capacity Utilisation Factor (CUF) cannot be less than 50%, and the rated power capacity of solar and wind power must be in a 2:1 ratio.
NTPC aims to explore innovative technologies and sustainable practices to further improve performance and contribute to the nation's energy objectives.

IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
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IIFL Capital Services Support WhatsApp Number
+91 9892691696
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