The NCLT order had rejected IDBI Bank's plea to initiate insolvency proceedings against Zee Entertainment
EBITDA increases by 24.9 % YoY to Rs 114.3 crore
NSE Board decided to double the SGF corpus from Rs50bn to Rs100bn over the next few years. In this regard, NSE has started contributing 2% of transaction revenues (Rs2bn) to its SGF corpus, and it would also make an ad-hoc transfer to this fund (Rs14bn transferred at the end of Q1FY24).
Petrol and Diesel prices in cities across India on 02-08-2023
Recommendation: Add; target price: Rs 1779
The revenue for the same quarter stands at Rs 8,713 crore, showing a 9 % YoY increase
The company stated that sales of medium and heavy commercial vehicles (M&HCV) jumped by 17% to 9,571 units.
Recommendation: Add; target price: Rs 1150
Recommendation: Reduce; target price: Rs 870
Recommendation: Reduce; target price: Rs 3910
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