The week to August 04, 2023 was an extremely tepid week for start-ups with funding sharply lower week on week at just $11 million across 9 deals.
Recommendation: Buy; Target price: Rs 2600
PB Fintech recorded a loss of Rs 12 crore for the first quarter of FY24.
The company's total revenue for the quarter reached Rs 2,591 crore, up from Rs 2,347 crore in the same period last year
According to a statement from the company, supplies for the most recent purchase will begin within the next 15 days and be finished by October 31, 2023.
A permit will be required for the importation of servers, laptops, tablets, all-in-one computers, and ultra-small form factor computers.
Further, RailTel Corporation obtained a Rs 78.58 crore order from the Centre for Railway Information Systems (CRIS).
Recommendation: Buy; Target price: Rs 2600
The RBI monetary policy committee (MPC) will meet for the August policy discussion between August 08, 2023 and August 10, 2023.
Currently, HDFC Bank has 308.2 crore shares in the issue, with an investability weight of 95.9 %
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