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
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.
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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