Today, the company is the market leader in ART services in India.
Hotels business comprises 20% of ITC’s invested capital but only ~3% of Ebit. Excluding hotels, FY23 pre-tax ROIC would increase by 17%.
Recommendation: Reduce; Target price: Rs 890
Recommendation: Buy; Target price: Rs 1350
The large data trails that Ambani's massive retail and telecom firms produce are his main weapon in addition to his enormous cash hoard.
Petrol and Diesel prices in cities across India on 28-07-2023
SAT directed SEBI to appoint a new WTM for the case or, if unavailable, assign the matter to any authorized officer with a higher grade or rank than the WTM.
Auto fuels led the 7% YoY growth in marketing volumes at a time when margins were above-normal, despite inventory loss of Rs10.7bn (Rs3.7bn YoY).
REPL will transfer to JS Auto 13,00,000 equity shares of its current paid-up capital.
Recommendation: Add; Target price: Rs 900
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