Recommendation: Buy; Target Price: Rs 1800
All workers must be present at their allocated office location for at least three days each week beginning November 15.
The company stated in a regulatory filing today that it may offer a discount of up to 5% on the floor price.
In an interview with ET, Damodar Mall, the CEO of Reliance Retail (value format), stated that feeder markets, or small towns, are where the consumer growth narrative is most compelling.
Muted performance is expected from the company.
Buffett’s Berkshire reported MTM losses on its portfolio, but the operating numbers were sharply better in Q3.
The Protean eGov Technologies IPO opened for subscription on the designated date and will remain open until Wednesday, November 8
Compared to the same period last year, when revenue from operations was Rs 1,231 crore, it rose 22% to Rs 1,507 crore in the July-September quarter.
Recommendation: Reduce; Target Price: Rs 3040

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