The occupancy rate is likely to improve further while ARR would remain resilient in anticipation of a resumption in foreign inbound travel that would continue to propel the top line.
Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South
Belrise Industries has set the price band for its Rs 2,150 crore IPO at Rs 85–90 per share. The issue opens on May 21 and
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