Analysts are positive on ASK Automotive IPO given the company’s strong growth potential, professional management and competitive advantage. The offer comprises entirely an offer for sale (OFS) of up to 2.95 crore equity shares.
Radhika Gupta of Edelweiss MF highlights the re-rating of India’s stock market, particularly noting the potential in consumption stocks despite their higher PE multiples. She
Now, once the dip gets bought into, we feel the turnaround could take us to 24,000, 24,200 over the next 8 to 10 trading sessions
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