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Usually, actual results are 2-3% better than provisional results, implying high probability of BHE meeting its revenue guidance, thus delivering strong operating leverage led earnings growth of >25% for FY24. Analysts of IIFL Securities keep forecasts unchanged; reiterate BUY with revised TP of Rs252 (19% upside) given higher certainty on earnings and attractive relative valuations at 29xFY26 EPS.
The DAC's approval aligns with India's ongoing military standoff with China in eastern Ladakh.
The order value from Goa Shipyard stands at Rs 1,701 crore, while that from Garden Reach Shipbuilders & Engineers is Rs 972 crore
Cochin Shipyard Limited placed a significant order amounting to Rs 2,118.57 crore with BEL
The announcement was made in an official statement by the ministry on Thursday.
According to Srivastava, the company, which has its headquarters in Bengaluru, intends to open marketing offices in Kazakhstan and Armenia.
The company’s EBITDA jumped 29% y-o-y to Rs 664.40 crore.
This is a year-on-year growth of 15% in sales.
The contracts are from Ministry of Defense.
Order from Defense Ministry for supply of Integrated Electronic Warfare Systems to the Indian Army.
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.