Branch2 Intelligence
Laser Power & Infra's Rs 742-Crore IPO To Open On July 9
Key takeaway
Laser Power & Infra's ₹742 crore IPO opens July 9, with strong FY26 revenue of ₹2,326 crore and net profit of ₹151 crore.
- Step 11st-order: Laser Power & Infra launches ₹742 crore IPO to fund expansion of three manufacturing units.
- Step 22nd-order: Increased production capacity and market share pressure competitors like Polycab and KEI Industries.
- Step 33rd-order: Higher supply of cables and power equipment may moderate prices, benefiting downstream SMEs in construction and infrastructure.
Source: IN:NDTV Profit
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