Indo Farm Equipment shares are set to debut on the exchanges with a 36% expected listing premium. The IPO received overwhelming response, with an oversubscription rate of 227.67 times. Analysts recommend profit booking for conservative investors and holding for long-term investors, considering the company’s strong market presence and expansion plans.
Earnings growth to drive stock selection, limited market upside in near-term: Aniruddha Naha
The last two quarters have been pretty suboptimal in the sense the earnings were below 10%, I think so this quarter will be no different