Quadrant Future Tek IPO opens today with a fresh equity issue set to raise Rs 290 crore. The price band is fixed at Rs 275-290 per share. The company’s focus on specialty cables and train control systems positions it well in a growing market, with analysts recommending subscription.
Jefferies views IndiGo as unique and strong franchise, raises target price to Rs 5,260
The IndiGo stock has underperformed following a significant miss in the company’s 2Q results, driven by higher costs impacting profitability. However, Jefferies expects cost normalization