India Shelter, with its small base, focus on self-employed individuals in TierII/III cities and rapid footprint expansion is well-placed for sustaining high growth of 33 per cent in affordable housing finance, said Kotak.
Indus Tower has consistently been maintaining a bearish trend since 2021. The stock can be seen trading with a series of lower bottom formations on the weekly chart.
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BoFa Securities, HDFC Mutual Fund, Bandhan, SBI General Insurance, Copthall Mauritius Investment are among the investors who have been allotted more than 5% of the equity offered in the QIP issue.