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- May 12th, 2024
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[ad_1] Shares of Marico Ltd zoomed 10 per cent on Tuesday after the company reported a 4.9 per cent rise in consolidated net profit in quarter that ended March 2024. A few brokerages even upgraded the FMCG company post-results and hiked price targets.The stock ended at ₹582.10...
[ad_1] Target:Â â¹375CMP: â¹309.20ASK Automotive (ASK) is the leading manufacturer of 2W brake shoe and drum braking systems with a combined about 50 per cent market share. Despite being a late entrant, the company has emerged as a sizeable player in...
[ad_1] Target: â¹1,370CMP: â¹1,134.10Tata Technologies announced a joint venture with the BMW group. The JV entails building a software hub with 1,000+ resources offering automotive software and digital engineering services for the BMW group. Our back of the envelop calculation...
[ad_1] The momentum of fund raising through initial public offerings (IPOs) and qualified institutional placements is expected to be sustained in FY25, and the size of IPOs may be higher while that of QIPs could be smaller, according to Neha...
[ad_1] Target: â¹500CMP: â¹356.05The current share price of Balrampur Chini (trades at 10.5xFY26EPS), we believe, disregards: improving sugar prices (ex-mill sugar price at 37-38/kg despite the peak production season) with likely reduction in acreage in Maharashtra and Karnataka (water availability...
[ad_1] Two days after the Reserve Bank of India asked JM Financial Products to stop financing against shares and debentures, the capital markets regulator SEBI on Thursday barred the parent company JM Financial from acting as the lead manager for...
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