Godrej Properties delivered exceptional performance with 84 per cent YoY growth in bookings, aided by strong positive reception of new launches in both the NCR and Mumbai, Motilal Oswal said.
Chairman and CEO Manish Gupta of Indegene says that a portion of the IPO proceeds will be used to repay debt, which includes interest costs associated with a previous loan. This, according to him, will boost the company s profitability.
Nifty, Sensex jumped nearly 1 percent from day s lows to trade firmly in the green. Traders are advised to consider buying opportunities during any downward movements in the market, said analysts.