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Across Asia, trading sentiment dipped as retail sales data fell short of street expectations, with a modest 2.3 per cent increase in April compared to the previous year
The stock of the automotive components manufacturer has fallen 20 per cent in the past one month after the company reported a weak set of December quarter (Q3FY22) numbers.
Given the company's past track record, growth prospects and reasonably valuations, long-term investors can subscribe to the offer
Analysts say there is some room for upside on listing gains
The share sale will begin on October 5 and run until October 7