Motilal Oswal Financial Services believes that the company is very well placed to continue to outpace industry growth and gain market share.
The market regulator has proposed stringent norms for the listing of SMEs following such concerns in the segment
If we project forward to FY28, NGEL's current portfolio of ongoing projects with 17GW will contribute fully to earnings, with around 55 per cent annual growth in operating profit over FY2024-28
FPIs on Tuesday were net buyers worth Rs 3,665 crore, while domestic institutions sold shares worth Rs 251 crore
The shares were offloaded at an average price of Rs 619.82 apiece, taking the transaction value to Rs 636.17 crore
The proposal followed Sebi's mandate restricting the association of registered entities in the securities market with those who are unregistered or not covered under the ambit of the market regulator
According to the fund house, the model will identify stocks as momentum, value, quality, or growth based on data
The company expects to reach the Rs 150-crore revenue mark by FY25, growing at 80-85 per cent year-on-year