Debt/GDP ratio is relatively low, core infrastructure is seeing accelerated improvement and capital productivity is on an uptrend.
Analysts of IIFL Securities believe that TCOM would have to make a sizeable acquisition, which its comfortable leverage ratio (1.3x net debt/Ebitda) should support.
Mgmt. expectation of moderation of growth in PV/CV industries in FY24 is largely in line with analysts of IIFL Securities estimates.
The venture aims to cater to discerning consumers seeking design-led, bespoke, and high-quality jewelry.
The business will be set up under a new venture ‘Novel Jewels Ltd.'
Analysts of IIFL Securities cut estimates by ~10% for FY24-25 and downgrade to REDUCE.
Analysts of IIFL Securities see increased competition coming in from ASTRA and Tile players in FY24.
Analysts of IIFL Securities see either a spike in oil, price cuts towards H2 or a combination of both playing out.
The Wonderla Holidays Ltd stock has delivered a return of 62.15 % over the past five years.
This surge marks the highest level of FPI investment in the past nine months