Rishabh Instruments holds promise in energy efficiency https://ift.tt/nqeS8vr promoter holding would drop to 70.6% post-IPO from 80.67%. Long-term investors may consider the IPO owing to earnings visibility in the energy efficiency product segment. The company's ability to develop products in lower lead time, the potential for margin expansion, and likely incremental revenue from electronic manufacturing services are draw cards for the IPO.
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