The total transaction value surpassed regulatory limits in minimum KYC pre-paid instruments, raising money-laundering concerns
Recommendation: Buy; Target price: ₹320
The DAC's approval aligns with India's ongoing military standoff with China in eastern Ladakh.
Over the last two days, Foreign Institutional Investors (FIIs) sold equity worth ₹6,993 crores, while Domestic Institutional Investors (DIIs) bought equity worth ₹5,173 crores in the cash market.
The collaboration involves equipping Mahindra's INGLO electric platform with Volkswagen’s MEB and unified cells, as outlined in a 2022 partnering deal
Aligning with the government's plan, LNG deals aim to increase natural gas share in India's energy basket
The multiple on the invested capital is reported to be eight times.
Next hearing scheduled for March 13.
The management anticipates an improvement in EBITDA and consistent margin improvement in the coming quarters
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