LIC held 3.19% stake in NHPC, at the end of March quarter.
Recommendation: Buy; Target Price: Rs 450
IIFL’s FY24-25 forecasts for Bharat Electronics (BHE) remain unchanged, after in-line performance for FY23 and FY24 guidance within the expected range: revenues 15-17% YoY with 21-23% OPM and inflows of Rs. 200 billion+ (ex-QRSAM).
Domestic sales increased due to the large fuel retail network of the company.
The prices mentioned are for 10 gram of gold & 1 kg of Silver and are subject to change.
As is the practice in the US, the Federal Reserve published the minutes of the FOMC meeting concluded on 03rd May 2023, on the evening of 24th May 2023.
The yearly “City Run” is expected to attract over 20,000 individuals spanning various age ranges.
Company will also be be focusing on new market segments such as healthcare and water purification.
Brent crude futures dropped 5 cents, or 0.1%, to $78.31 per barrel.
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