The IPO has garnered strong investor interest, with a subscription rate of 64.18X. “The IPO’s valuation appears high based on the P/E ratio. Given the mixed financial performance, investors might consider a wait-and-see approach,” advised Shivani Nyati, Head of Wealth at Swastika Investmart. Ecos Mobility has provided chauffeured car rentals & employee transportation services to corporate clients, including Fortune 500 companies, for over 25 years.
RBI to cut rates in December to 6.25%, say narrow majority of economists: Reuters poll
India’s central bank is expected to cut its key policy rate by 0.25% in December to support slowing economic growth. A Reuters poll shows a
October 30, 2024