Belrise Industries IPO subscribed 5 times on Day 3: GMP rises to Rs 23
Belrise Industries' IPO continues to attract strong investor interest, with robust participation seen across investor categories. The companys grey market premium has also shown positive momentum, reflecting upbeat market sentiment. Backed by a solid financial track record, established client base, and strategic focus on EV-agnostic components, analysts remain optimistic about the companys growth prospects and long-term value creation potential. | Source: The Economic Times
Ralated News
0. Sagility India, Belrise Industries, Adani Energy added to Jefferies' model India portfolio - Moneycontrol1. Newly listed auto components stock hits a record high; Jefferies initiates coverage with a buy call. Do you own? - Mint
2. Belrise Industries Rated New Buy From Jefferies, 31% Upside Seen — Check Details - NDTV Profit
3. Belrise Industries shares surge 10% after Jefferies says 'buy' with strong upside potential - CNBC TV18
4. Belrise Industries shares rally over 16% in 4 days to hit record high. What’s fueling the surge - The Economic Times
5. Belrise Industries soars 13% in 2 days, hits record on Jefferies 'Buy' call - Business Standard
6. Auto ancillary stock to buy now for an upside of 32%; Recommended by Jefferies - Trade Brains
7. Belrise Industries shares hit record high, surge 14% in 2 days; Jefferies initiates 'Buy' - Business Today
8. Jefferies top auto picks: Why M&M, TVS Motor and Belrise are bucking the slowdown? - financialexpress.com
9. Belrise share price jumps 3%; hits 52-week high after Jefferies buy call - Value Research