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Brigade Hotel Ventures’ Rs 760 crore IPO opens: Should you subscribe or skip?
Brigade Hotel Ventures launched its Rs 759.6 crore IPO, featuring a fresh issue of equity shares priced between Rs 85-90. The company, which operates nine upscale hotels across South India with high occupancy rates, plans expansion. While brokerages show optimism, high valuations and modest profitability warrant caution for potential investors.
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