News Overview

RATE continues to aspire to double revenues over FY24-27. Analysts of IIFL Capital Services 12-month TP of Rs740 is based on 2YF P/E of 35x

The buyer would acquire 6,41,01,646 shares in the company, for a total transaction value of Rs 18,928 crore.

MHCV industry declined 1% YoY, a big negative surprise after the average 20% growth in recent months.

Analysts of IIFL Capital Services build-in ~12% EPS Cagr for Nifty over FY24-26 and expect it to outperform other major indices over the next year.

Kross is contemplating a pre-IPO placement to raise an additional Rs 50 crore.

Bharti Telecom acquired more than 8.11 crore shares, or 1.35% of Bharti Airtel, based on block deal data that is available with the National Stock Exchange (NSE).

Early Asian trading saw the price of the precious metal hit $2,135.39, surpassing the previous record high established in 2020 during the pandemic.

HUL aims to achieve net-zero emissions for all its products, from sourcing to the point of sale, by 2039.

Powell stated on Friday that it was evident that the economy was slowing down as anticipated as a result of US monetary policy, with the benchmark overnight interest rate being "well into restrictive territory."

Doms Industries' IPO comprises a fresh issue of shares amounting to Rs 350 crore and an Offer-for-Sale (OFS) of shares worth Rs 850 crore by promoters.