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JK Tyre & Industries Limited informed that CARE Ratings has reaffirmed rating on various facilities of the company. CARE has reaffirmed the ‘CARE A’ rating on the long-term b...
Global pharma major, Lupin Limited has announced that it has reached an agreement with Unitaid, The Aurum Institute, the Clinton Health Access Initiative (CHAI), and other global proc...
Domestic benchmark indices trading in the red after a gap-down opening on Friday. Both the Sensex and Nifty benchmarks are marginally lower in the afternoon market session. Moreover, on back of...
India will soon host the country's first "Center of Excellence & Innovation" (CoEI) for Biopolymers. Praj Industries' management, and Aniruddha Pandit, Vice Chancellor of ICT, sig...
The Indian rupee hit a record low of 82.38 against the US Dollar on Friday, following hawkish comments by US Fed officials overnight. The domestic currency was trading 0.68% or 55 paise lower. ...
RattanIndia Enterprises Limited stocks rally on Friday's afternoon session after announcing acquisition of 100% shareholding in the electric motorcycles market leader Revolt Motors. The Co...
Adani Ports and Special Economic Zone Limited is an India-based integrated ports and logistics company. The Company is primarily engaged in developing, operating and maintaining the ports services, ports-related infrastructure development activities and development...
September 2022 saw continued strength in passenger vehicles (PV) and commercial vehicles (CV) volumes. These segments are on track to meet or beat IIFL Securities FY23 growth estimate.
On the back of APM gas price hike by 40% for H2FY23, analysts at IIFL Securities have upgraded ONGC and OILs FY23-24 estimated PAT by 5-13%. RIL is set to realize ~26% higher price for deepwater gas; will also see 2.5-5% EPS upgrade for FY23-24. The gas-based IPPs will see ~35% increase in variable costs, thus turning more unviable.
The RBI MPC raised policy rate as expected, commented on domestic inflation risks, noted worsening international growth outlook, but upped quarterly GDP growth estimates.
For the October series, analysts at IIFL Securities will be cautious on Nifty and believe this round of correction has potential to take the index back to 16350 levels.
IIFL is one of the leading player in the broking industry with more than a million accounts being opened since inception. The company provides execution, advisory, and research service across products like equity, F&O, Commodity & Currency, Mutual Funds. IIFL is also one of the top distributors of AIF, PMS and Mutual Funds.
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