Moving away from the initial noise, much of optimism around the company is due to cheap valuations when compared with listed peers such as KPIT, L&T Tech and Tata Elxsi.
Shapoorji Pallonji Group’s Afcons Infra to float Rs 5,430-cr IPO on October 25
Afcons Infrastructure Ltd, a part of the Shapoorji Pallonji Group, is set to launch a Rs 5,430-crore IPO on October 25, featuring both fresh shares