Analysts at IIFL Capital Services have initiated coverage on Prestige Estates Projects Ltd (PEPL) with a Buy rating and target price of Rs540/share.
At the investor day, Hindalco management fine-tuned the FY24-26 capital allocation towards US$4.4 billion prioritized growth capex with stable leverage and 10% shareholder returns.
The company is raising Rs 150 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 10 NCDs in a lot.
FY23 was a strong year for Auto, with key segments clocking 12-49% volume growth versus FY22. However, YoY growth moderated over the course of FY23.
The company is raising Rs 200 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 10 NCDs in a lot.
This can be attributed to the pressure of higher core inflation
FCCB is foreign currency convertible bonds.
Here are some stocks that may show significant price movement today.
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