Recommendation: Add; Target Price: Rs 1270
Recommendation: Buy; Target Price: Rs 3050
The acquired land has a potential saleable area of around 1.5 million square feet for residential development
Maruti Suzuki intends to acquire SMC's entire shareholding in SMG to conclude the contract manufacturing agreement.
Recommendation: Buy; Target Price: Rs 1530
The project will follow a build, own, and operate (BOO) model, with an estimated development cost of around Rs 600 crore
With record SIP inflows of Rs16,042 crore, It looks like systematic investing is here to stay in India.
Among the key launches that are lined up: – DLF (Crest 2, New Gurgaon launch), Prestige (Hyderabad and Chennai), GPL (Ashok Vihar, Worli), Brigade (Chennai) and Oberoi Realty (Thane Pokaran launch).
The sharp fall in food inflation has tempered headline inflation, which is now inside the RBI 6% outer tolerance limit.
IT index with high weightage falls by 0.75% after Infosys and HCLTech highlight weak client spending and revise down their revenue forecasts

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