SUMMITSEC News Today

Aditya Birla Group to invest Rs 1,250 crore into its financial services subsidiary

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According to Aditya Birla Capital Ltd., the preferential issuance would take place at a cost of Rs 165.1 per equity share and is pending approval from shareholders.

• 02 June, 2023
• 10:22 AM
• less than a minute

FY24 earnings to be skewed towards H2 Farm Inputs & Chemicals Sector: IIFL Securities

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Analysts of IIFL Securities outlook for Kharif is in general positive, as Kharif season would see limited impact of El Nino in coming months

• 02 June, 2023
• 10:08 AM
• less than a minute

A challenging quarter for Retail Sector: IIFL Securities

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Analysts of IIFL Securities top picks in the sector are Titan, Shoppers and Vedant Fashions.

• 02 June, 2023
• 10:07 AM
• less than a minute

Centre to Sell 3% Stake in Coal India Ltd, Aims to Raise ₹4,158 Crore

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The floor price for the two-day OFS is set at ₹225 per share.

• 01 June, 2023
• 2:35 PM
• less than a minute

Execution on track and healthy visibility in Infrastructure sector: IIFL Securities

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Analysts of IIFL Securities preferred picks are HG Infra and PNC among Road players and Powermech Projects.

• 01 June, 2023
• 11:13 AM
• less than a minute

Struggle to keep LIGHTS ON in Utility sector: IIFL Securities

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Analysts of IIFL Securities see Power demand growing at 5-7% in FY24, even if some industrial load switches back to captive units.

• 01 June, 2023
• 10:37 AM
• less than a minute

Q4FY23 Review: IEX Ltd: Confident of volume recovery

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Recommendation: Add; Target Price: Rs 165

• 29 May, 2023
• 2:54 PM
• less than a minute

Q4FY23 REITs review: Real Estate: Slow and bumpy ride to recovery

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Path to recovery could be longer, analysts of IIFL Securities see FY24 distribution to be flat YoY with higher interest outflow offsetting any NOI increase.

• 24 May, 2023
• 10:34 AM
• less than a minute

UTI S&P BSE Housing Index Fund NFO: Key details you need to know

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The Scheme would invest in Securities covered by S&P BSE Housing Index and debt and money market instruments.

• 24 May, 2023
• 9:58 AM
• less than a minute

NTPC starts working on hydrogen hub in Andhra Pradesh

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NTPC is also planning to come up with initial public offering for its renewable energy arm NTPC Green Energy Ltd (NGEL) to raise funds

• 23 May, 2023
• 1:40 PM
• less than a minute