SJS Enterprises

The company is positioned to achieve revenue growth exceeding 1.5X that of the underlying industry growth, while maintaining robust EBITDA margins, driven by promising prospects in the 2W and PV.

The stake was bought by investors including some Indian mutual funds, an Everstone spokesperson said, adding that the firm made $66 million from the sale

SJS Enterprises hit a record high of Rs 571.80 on rallying 6 per cent on the BSE in intra-day trade, on strong business outlook.

Ace investor Ashish Kacholia held 3.77 per cent stake in SJS Enterprises at the end of March 31, 2022, the shareholding pattern data shows.

The company engaged in auto components & equipment business said it has won several key projects from Continental, MG, Honda, Hyundai.

From December 8, Edelweiss said there are ten issuances where the anchor lock-in is set to unravel, including FSN E-Commerce Ventures (Nykaa), FINO Payments Bank, Latent View Analytics and PB Fintech

Latent View Analytics surged 20 per cent to Rs 586.30 today, zooming 201 per cent from its issue price of Rs 197 per share.

PB Fintech, Fino Payments Bank, SJS Ent, KIMS, Ami Organics, Zomato and Sansera Engg from the BSE IPO index were down between 6 per cent and 19 per cent in intra-day trade today

The stock listed at Rs 540, a 0.37 per cent discount over its issue price of Rs 542 per share, on the BSE