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Tega Industries said that the funds could be raised via multiple issuance methods, such as a public offer, preferential allotment and qualified institutional placement.

A full-ownership of AHEL should result in greater flexibility with respect to capital allocation and better operational synergies for AHLL, according to brokerage firm Nomura.

UBS said the Persistent System’s current valuation (around 44x 1 year forward price-to earnings) price in flattish margins and a 14-15% revenue CAGR, which, according to UBS, appears pessimistic. 

DAM Capital said that an increasing share of direct-to-customer lending, coupled with easing interest rate environment would ensure margin expansion.

The government had framed the tax proposals as part of a broader effort to boost revenue and offset economic pressures from higher US tariffs. But officials shifted course after the plan was criticised as undermining investor confidence and stifling one…

This clears a major bottleneck in Vedanta’s demerger process, which was initially expected to conclude by March but is now targeting a September-end timeline.

The recent correction has also led to BYD’s valuations dropping to 17 times forward earnings, which is below the three-year average of 20 times.

According to Jefferies, the spirits category offers strong growth potential led by premiumisation, with all major companies expected to deliver double-digit compounded annual growth in revenue, along with a scope for margin expansion.

Sensex Today | Stock Market LIVE Updates: In the last traidng week Nifty not only crossed 25,000 but also 25,100 in the final two sessions of last week as two of its heavyweight constituents, banks and IT, stepped up.

Brent traded near $67 a barrel, after adding 2.3% last week, while West Texas Intermediate was below $63.