Broker’s call: Happiest Minds (Add)

[ad_1] Target: ₹878CMP: ₹824Happiest Minds’ performance for the quarter was slightly below estimates. Reported revenue of ₹420 crore (up 1.8 per cent q-o-q in INR terms, up 1.4 per cent q-o-q in USD terms). The sequential growth was led by...

Broker’s call: Maruti Suzuki (Buy)

[ad_1] Target: ₹15,533 CMP: ₹ 12,695.75Maruti Suzuki’s Q4-FY24 print was in-line with our estimates. Revenue/EBITDA/PAT grew 19.3/39.8/47.8 per cent y-o-y. Overall volumes grew 13.4 per cent backed by 12.2/21.7 per cent growth in domestic and international business. Strong demand trend...

Sugar prices may rise in off-season, says report

[ad_1] Highlighting that domestic sugar prices have stabilised, with ex-mill price at ₹37.5/kg in Uttar Pradesh and ₹34/kg in Maharashtra, a report by Centrum Broking has said that prices can be expected to rise during off-season.“Sugar prices, which initially saw...