Belrise Industries poised for market debut. Here’s what GMP indicates
Belrise Industries, formerly Badve Engineering, debuted strongly on the stock exchanges, listing at a premium over its IPO price. The IPO, which was oversubscribed 41.3 times, reflects significant investor confidence. The Pune-based automotive component manufacturer plans to use the IPO proceeds for debt reduction and general corporate purposes. | 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