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The Rs 290-crore MV Electrosystems IPO entered Day 2 with a GMP suggesting 30% listing gains. Subscribed 3.64 times on Day 1 with strong retail interest, the issue faces concerns over FY26 net losses and revenue decline, prompting Swastika Investmart to assign an Avoid rating despite grey market optimism.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
ICRA Ltd reported a 32 percent net profit increase for the first quarter. Revenue from operations also saw a significant 31.2 percent year-on-year rise. Healthy growth in ratings and sustained momentum in risk and analytics supported performance. Demand in industries and NBFC segments drove ratings revenue growth. Risk and analytics benefited from robust demand for…