The general public concern of the main knowledge analytics firm was subscribed 326x. Robust administration, no apple-to-apple friends and rising margins are the primary drivers.Latent View Analytics superior for the third day in a row following its star itemizing on the inventory exchanges on Thursday. The inventory rose 20% intra-day to achieve a file excessive of two 702.35 on the BSE. The inventory has risen greater than 256% in opposition to its concern value of ₹ 197 as a result of sturdy fundamentals of the corporate and powerful investor urge for food throughout the IPO.

The inventory has greater than tripled since its itemizing on November 23. The corporate turned the third-best debutant of the yr after being listed at ₹ 530 after Sigachi Industries and Paras Protection and House Applied sciences.

The general public concern of the main knowledge analytics firm was subscribed 326x. Robust administration, no apple-to-apple friends and rising margins are the primary drivers.

Nonetheless, retail traders ought to keep away from shares at present ranges and look forward to subsequent quarter outcomes or vital declines, in accordance with analysts.

Latent View Analytics serves purchasers throughout the US, Europe and Asia. The corporate had posted a revenue of ₹ 91.46 crore in FY21 whereas income was ₹ 305.88 crore. The corporate derives 92.8% of its income from the US and 1.85% from the UK.

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