After hosting the company management, Jefferies has pointed out key triggers for the company including higher occupancies, better margins and robust free cash flows which improve the outlook for the company in the longer term.
Kusumgar IPO Day 3: Issue ends subscription with 129x bids; GMP signals 38% listing upside
Kusumgar’s Rs 650-crore IPO concluded with overwhelming investor demand on its final day. Non-Institutional Investors and Qualified Institutional Buyers showed significant interest in the offering.