Recommendation: Add; target price: Rs 1150
Recommendation: Reduce; target price: Rs 870
Recommendation: Reduce; target price: Rs 3910
The rupee starts at 82.38 per dollar compared to the previous close 82.26.
Analysts of IIFL Capital Services raise FY24/25/26 EPS by 2/10/8%, respectively and upgrade to BUY with TP of Rs4,946, implying 20% upside.
Suzlon aims to substantially reduce debt and improve its business prospects.
The company said that sales of mini-segment cars slipped to 9,590 units in July 2023.
Apart from the earlier announced diversifications into fertilisers, surface coal gasification, aluminium business value chain and thermal power generation — AR highlights plans to explore acquisition of lithium, cobalt and nickel assets overseas.
Exports fell 9% to 2,540 units last month from 2,798 units the previous year, according to a regulatory filing by Mahindra & Mahindra.
The reports stated that Ambuja would announce the transaction as early as Wednesday.
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
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