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While U.S. West Texas Intermediate crude dropped by 49 cents, or 0.59%, to $83 per barrel, Brent futures declined by 41 cents, or 0.48%.

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InvaGen had previously received five inspection observations in Form 483 during the inspection, with no repeat observations or data integrity concerns.

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BLVPL has now entered into a deal to purchase AXA's 49% interest and wholly own the company.

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"SBI MF has been advised by RBI to acquire the aforesaid major shareholding in the bank within a period of one year i.e. by October 10, 2024", the exchange filing stated.

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The board will consider various modes of raising funds.

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Ban imposed as these securities breached 95% of the market-wide position limit (MWPL) in the F&O segment.

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Fed minutes indicate a consensus on just one more rate hike and a longer pause on rates at elevated levels.

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The company reported a 1.68% increase in net profit, rising to Rs 69.4 crore compared to Rs 68.25 crore in the same period the previous year

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Recommendation: Buy; Target price: Rs 3800

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For this, analysts of IIFL Capital Services first calculate fair value of a stock using the Residual Income valuation method, to capture long-term quantitative value of the stock.

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RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099

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