Recommendation: ADD; Target Price: Rs 2060
Even though the SIP flows in April 2023 were lower than in March 2023, the numbers are still impressive.
For a long time, India had been struggling to make repo rate hikes translate into lower inflation. That appears to be finally happening.
The index of industrial production (IIP) had been on an uptrend between December 2022 and February 2023.
Some mid-cap stocks came under selling pressure.
The company will be going to use net proceeds from the issue towards debt repayment and other general corporate purposes.
The Scheme shall not invest more than 10 per cent of its NAV in the equity shares or equity related instruments of any company.
Recommendation: Buy; Target Price: Rs 1171
Recommendation: Buy; Target Price: Rs 3800
Growth and simplification came out as 2 major themes in the analyst meet hosted by Godrej Consumer Products (GCPL).
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