“IT companies have generously rewarded the shareholders in the last five years. In terms of PAT, 80% of what they have generated, have been paid back in terms of dividends and buybacks. If you are considering the next one year, I think IT stocks will definitely reward investors handsomely.”
NSE IPO closes with 5.71x subscription, bids cross Rs 90,000 crore
Investor enthusiasm surged on the final day of the National Stock Exchange’s landmark IPO, with qualified institutional buyers oversubscribing their segment by more than twelve