OMCs are expected to report profit during the quarter.
Film producer and distributor Eros International Media also owns the well-known OTT streaming service Eros Now.
Recommendation: Add; Target Price: Rs 1260
Operational revenue increased 20% year over year (YoY) to Rs 7,218 crore during the reporting quarter.
Healthy performance expected from the company.
Recommendation: Add; Target Price: Rs 1260
This partnership intends to hasten the use and acceptance of DTx in cardiology in India.
The Indian government has been cautious about Chinese investments following deadly border clashes.
New store openings however slowed to 40 compared to 50 last year. Non-foods revenue per store saw the highest acceleration in YoY growth to 22% YoY from 12% in FY22, while general merchandise & apparel (GM&A) revenue per store growth fell marginally to 13.2% from 14.2% in FY22.
Vedanta had previously stated that it was awaiting government clearance for incentives under a modified semiconductor production plan in order to start building a factory in Gujarat
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