The company reported a loss of Rs 2,475.69 crore in a stock exchange filing for the same time last year.
HNIs and retail investors drove the demand, subscribing 1.65 times and 1.49 times their allotted quota, respectively.
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
All sectoral indices, apart from PSU Bank, concluded the day in positive territory
Recommendation: Buy; Target price: Rs 3200
Recommendation: Add; Target price: Rs 3350
Recommendation: Buy; Target price: Rs 120
EBITDA for the quarter was Rs 883 crore, registering a 48% increase.
Recommendation: Buy; Target Price: Rs 1400
Recommendation: Reduce; Target price: Rs 205
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