Economic TimesLean R·
Aditya Infotech rebounds on fundraise plans; analysts see up to 20% upside
ET Intelligence Group: Shares of Aditya Infotech, a security and surveillance products manufacturer, have recovered 4% in the past two trading sessions on the news of fresh equity fund raising to expand capacity. It has reduced the fall in the share price to 11% since August 12 when the company declared a sequentially weaker June quarter performance.Elevated prices of electronic components affected the company's profitability in the June quarter on a sequential basis. Though the company has ret…
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