@Smart_trade any thoughts on RITES IPO that has opened yest?
has good financials with Ebitda of nearly 28 per cent and RoE (return on equity) of over 16 per cent. It is virtually debt free, dividend paying and has positive cash flow from operations.
source ET
Another anti sarkari effect is that it has consulting services in 55 countries.
has good financials with Ebitda of nearly 28 per cent and RoE (return on equity) of over 16 per cent. It is virtually debt free, dividend paying and has positive cash flow from operations.
source ET
Another anti sarkari effect is that it has consulting services in 55 countries.
But gains on listing possible.
Smart_trade