News Overview

Bajaj’s recently launched 3W EVs are also making a mark in the limited markets, where they have been introduced. Analysts of IIFL Capital Services upgrade EPS by 2-3%. They expect Bajaj to clock 14% EPS Cagr over FY24-26 on 10% volume growth. Retain BUY with TP of Rs9,500.

The FPO comprises freshly issued equity shares worth up to ₹18,000 Crore.

BOJ Governor Kazuo Ueda highlighted the potential influence of currency fluctuations on the timing of the next policy change on Thursday.

In terms of incremental capacity addition, analysts of IIFL Capital Services see limited impact led by staggered addition by the large names amid a strong demand growth in India.

The company's net profit for the same period last year was ₹69.8 Crore, while this year's net profit was ₹203.2 Crore.

The spike in speciality chemicals exports could be due to deferment of orders to Q4 and seasonality. Specialty chemicals exports in Mar’24 surpassed the trailing 12-month average.

The second contract, at ₹52.74 Crore, involves civil and architectural works for the bunker area, powerhouse superstructure, etc.

Salil Parekh, Chief Executive Officer and Managing Director, establishes and evolves the strategic direction for the firm and its portfolio of solutions.

Operating revenue for RVNL decreased 6.4% to ₹4,689.3 crore from ₹275.6 crore in the same period of the previous fiscal year.

HMSI now sells to 58 markets in Europe, Central and Latin America, the Middle East, Southeast Asia, Japan, Australia, New Zealand, and SAARC countries.