Broker’s call: Cyient DLM (Buy)

[ad_1] Target: ₹887CMP: ₹721.20Cyient DLM Limited (CDLM) Q4-FY24 quarterly numbers were broadly in line with JMFe. Rev at ₹360 croreup 30 per cent y-o-y driven by growth in defence seg. (78 per cent y-o-y), aerospace seg. (52 per cent y-o-y),...

India’s wheat procurement may jump 30% this year as per initial trend

[ad_1] Wheat procurement by the Indian Government through the Food Corporation of India (FCI) has jumped 32 per cent within the first three days of April. The rise does not include the quantity bought last month. Though the procurement normally...

Visakhapatnam Port Authority draws up action plan to achieve 90 mt cargo traffic in FY25

[ad_1] Visakhapatnam Port Authority (VPA) has set a cargo traffic target of 90 million tonnes (mt) for the financial year 2024-25, according to Madhaiyan Angamuthu, Chairperson, Visakhapatnam Port Authority (VPA).Also read:Gopalpur port buy will give Adani group bigger hold over east coast logisticsThe...

Coal India not to miss production target for 2023-24, say officials 

[ad_1] Coal India Ltd is “very confident” of meeting the 780 million tonne production target for 2023-24, the company’s officials told businessline in Chennai on Saturday. This statement assumes significance against the backdrop of recent reports in the media that...

Broker’s call: L&T (Outperform)

[ad_1] Target: ₹3,967CMP: ₹3,634.50Larsen & Toubro shares are down 6 per cent m-o-m due to: core Q3 EBITDA margin disappointing and concerns on L&T’s international order prospects after Saudi Aramco decided not to pursue its target of raising oil production...