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The book-built issue has been priced in the range of Rs 102-108 per share.

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The company is using AI and analytics through ‘AmaZing’, Smile Stores and e-b2b portal ‘Dentist First’ to drive growth. With Ebitda margin exceeding 30%, analysts of IIFL Capital Services believe that the focus to be more on the top-line growth to drive profits.

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Analysts of IIFL Capital Services see FY24 distribution to be flat YoY, with rental income increases being offset by higher interest outflow.

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The combined pending amount to be settled by September exceeds Rs 2,400 crore.

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The start date for subscription to the public issue was not specified in the company's regulatory filing.

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Investors with very high risk appetite and want to invest for 5 to 7 years in tech, media and telecom sector should invest in quant Teck Fund.

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The company argued that, because the shareholders' permission was obtained in compliance with applicable regulations, the imposition of a fine by BSE and NSE is unlawful.

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Currently, a sizeable amount of e-waste is shipped to other countries due to the absence of efficient metal extraction and refining technology domestically.

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Vedanta has invited bids from potential users for the sale of 0.6 million standard cubic meters per day of gas

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The final issue price was established at Rs 197 per share, resulting in a market capitalization of Rs 8,746 crore based on the issue price.

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1860-267-3000 / 7039-050-000

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Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016, BSE Enlistment Number (RA): 5016
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