Domestic brokerage JM Financial, which initiated coverage on the stock with a Buy rating, values the stock at 4x Sep’24e P/BV to arrive at a target price of Rs 400. This signals an upside potential of up to 32 per cent.
10 IPOs more than doubled investor money on listing day in last 5 yrs
Here’s a look at the initial public offers that have seen the best performance on the listing day in the last ten years. (Source: ET