In the Nifty 50 index, 25 stocks advance in the positive territory and 25 stocks end in the red territory
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LKP Securities maintains ‘BUY’ with a raised target price of Rs 284 (valuing at 21 times FY 26E earnings)
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The latest transaction increases UltraTech's ownership in India Cements to 55.49 per cent making it a majority shareholder
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The net interest income (NII) also grows by 10.23 per cent YoY to Rs 10,476 Crore, up from Rs 9,504 Crore in Q1 FY 2024
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The top gainers on the Nifty 50 are NTPC, BPCL, ICICI Bank, IndusInd Bank, and SBI
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In the Nifty 50 index, a whopping 47 stocks advance in the positive territory and merely 3 stocks end in the red territory
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The firm reports consolidated revenue at Rs 5,379 crore, while the operational EBITDA grows 29.7 per cent on a yearly basis to Rs 1,628 crore
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The year-to-date gains of the PSU also increases to 62 per cent with this rally
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The proceeds of Rs 397.10 crore from the fresh issue will be utilised for prepayment or scheduled repayment of a portion of certain outstanding borrowings availed by the company
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Somanathan states that taxation on the stock market in India is among the lowest globally
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