Many stocks from cyclical and emerging sectors have run way ahead of their revenue and earnings visibility and are witnessing a reversion to mean, said analysts.
Godavari Biorefineries Ltd raised over Rs 166 crore from anchor investors including HDFC Mutual Fund and Goldman Sachs prior to its IPO. The IPO, including
Persistent Systems reported a 23.4% jump in PAT to Rs 325 crore and a 20% YoY increase in revenue. The company’s revenue for the second
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