“Stocks that are likely to improve their RoEs over FY23 to FY25 and transition into value-creation zone include capital intensive and cyclical sectors such as auto, capital goods, infrastructure, utilities, telecom, commodities and financials,” said Vinod Karki, equity strategist, ICICI Securities in a report.
J Infratech files IPO papers; eyes Rs 600 cr via fresh issue
J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an