Munjal's three immovable properties in Delhi were temporarily attached by the government agency in accordance with the Prevention of Money Laundering Act (PMLA).
Recommendation: Buy; Target Price: Rs 396
The partnership covers countries like Jordan, Saudi Arabia, UAE, Iraq, Lebanon, and other GCC countries
However, the company's consolidated income fell to Rs 3,112.02 crore.
Foreign Institutional Investors (FIIs) offload equities worth Rs 1,712.33 crore on Thursday
The letter to the authorities requesting an investigation follows allegations of fraud and other violations made against the Burman family.
Recommendation: Reduce; Target Price: Rs 1135
Profit After Tax (PAT) shows a 5.3% YoY decrease, settling at Rs 129.9 crore
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