Nifty and Sensex closed positive this week after the Fed policy held status quo on rates, pushing down US bond yields.
Recommendation: Reduce; Target price: 2330
NSE’s Q2FY24 consolidated PAT grew by 13% YoY to Rs20bn; however adjusting for the SGF contribution of Rs5.6bn the profits were up 36% YoY to Rs24.4bn.
Recommendation: Add; Target Price: Rs 1665
Q2FY24 witnessed a 6.70 % year-on-year increase in revenue from operations, with the figure standing at Rs 6,217.10 crore, up from Rs 5,826.30 crore.
Recommendation: Add; Target Price: Rs 136
The center will focus on hiring local talent, with plans to attract, re-skill, and up-skill 500 new employees over the next four years.
According to a JK Lakshmi Cement Ltd. regulatory filing, the company reported a consolidated profit after tax of Rs 61.79 crore for the July–September quarter of the previous fiscal year.
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