News Overview

At the India Steel Summit in the capital, Vinod Nowal, the National Council on Iron and Steel Chairman for Assocham, made the comments.

These non-banking financial institutions (NBFIs) stated that they continue to accept notes in the amount of 2,000 but will request KYC (know your customer) information as and when necessary.

Recommendation: Buy; Target Price: Rs 217

In its maiden Investor Day, CMS Info Systems (CMS) talked about solid prospects for its Managed services (MS) segment and foray into adjacencies such as collections, even as Cash Management business remains on a solid footing.

Ola Electric is looking for a higher valuation than $5 billion.

Based on external exports data over FY20-23, analysts at IIFL Capital Services have undertaken a study of customer profiling for Gland, which indicates that top-10/30 customers account for 70/85% of its overall exports.

Recommendation: Buy; Target Price: Rs 5504

The company has also announced revisions in other soda grades of soda ash across the country.

Telecom Major Vodafone Idea Shows Positive Revenue Growth and Focuses on Network Expansion

Recommendation: Buy; Target Price: Rs 2400