Leo Dry Fruits and Spices is set to debut on the BSE SME platform with an expected 31% premium over the IPO price, driven by strong grey market interest. The company’s Rs 25-crore IPO was oversubscribed 180 times, and proceeds will fund working capital, marketing, and corporate purposes. Leo’s diverse product range and significant revenue growth highlight its market potential.
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