Founder and CEO of One 97 Communications Limited Vijay Shekhar Sharma and Antfin have reached an agreement that Sharma will purchase a 10.3% stake in Paytm, the company notified exchanges on May 7. 8. According to the filing, an offshore entity owned by Sharma will purchase a stake in Paytm from Antfin through an off-market …
Vijay Shekhar Sharma to purchase 10.3% stake in Paytm from Antfin Read More »
Yatharth Hospital & Trauma Care Services listed on the stock market on August 7th at a premium of only 2% to the issue price. Analysts had expected the stock to trade at a 20% premium on weak sentiment across the market. The shares started trading at Rs 304 on the BSE and Rs 306 on …
Yatharth Hospital lists at 2% premium to issue price Read More »
The chairman of Mahindra Group said that India is still far from being able to replace China as the world’s factory, and doubts about the neighboring country’s ambitions and post-Covid supply chain disruptions are also present. benefit this country. Friday. In his keynote address to Mahindra & Mahindra shareholders at the company’s AGM, Mahindra used …
Prabhudas Lilladher Research Report on Stainless Steel PVR In a lackluster quarter, PVR-Inox’s performance overall matched sales of 33.9 million (PLe 33 million) and EBITDA AS margin before IND of 6.2% (PLe of 5.8%) . After the recent success of “Barbenheimer” and MI-7, Bollywood has an interesting release system with movies like Oh My God-2, …
Buy PVR Inox; target of Rs 1797: Prabhudas Lilladher Read More »
Shares of Hindalco Industries Ltd rose more than 2% on the morning of August 4, a day after US subsidiary Novelis Inc reported better-than-expected profits for the June quarter. The Atlanta-based aluminum recycling and rolling company reported a 20% drop in annual revenue to $4.1 billion. Despite the drop, revenue was still above analyst estimates …
Hindalco gains on Novalis’ better-than-expected Q1 numbers Read More »
The net profit of major auto companies Mahindra and Mahindra (M&M) for the April-June quarter of fiscal 2024 is expected to grow 27% year-on-year (YoY) on the back of increased vehicle sales. strong in the quarter mentioned above. M&M, which will report quarterly results on August 4, is expected to post a net profit of …
M&M Q1 Preview: Auto segment in the driving seat, net profit seen rising 27% Read More »
Byju and its lenders missed an August 3 deadline to redo the terms of a $1.2 billion loan, prolonging the uncertainty that engulfed its most valuable startup. India. Sources familiar with the matter said the loan modification talks were progressing “in the right direction”, but the two sides were still unable to reach a conclusion. …
Byju’s, lenders miss August 3 timeline to rework loan terms Read More »
Zomato Ltd shares have seen a wave of bullish targets among several brokerages after the company turned a profit for the first time, although many brokers kept their ratings on the stock. . Motilal Oswal Securities expects the stock to target at Rs 110 per share, up 28% from the current market price, JM Financial …
As Zomato turns profitable, brokerages rush to raise their target prices Read More »
Hero MotoCorp, India’s largest motorcycle manufacturer, on August 2 increased the price of the Harley Davidson X440 from Rs 10,500 to Rs 239,500. The price increase will now apply to all variants, the company said in a statement. However, this bike is available at the current introductory price of Rs 2,29,000 until August 3. The …
Hero MotoCorp raises prices of Harley Davidson X440 model by Rs 10,500 Read More »
Shares of Ashok Leyland rose nearly 1% to Rs 185.75 on August 2 after the company reported better sales for July 2023. The company sold 15,068 units for the month, up 10.6% from the 13,625 units sold in July 2022. Total sales of medium and heavy commercial vehicles (M&HCVs) increased 17% to 9,571 units, and …
Ashok Leyland shares gain as July sales jump 11% YoY Read More »
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