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Elara Capital projects a 31% compound annual growth rate (CAGR) for Zudio, complemented by steady growth from Westside.

The Mumbai-based company that makes custom-made crowns and bridges, and branded dental products intends to utilise fresh issue proceeds for repaying debt, purchasing new machinery, and general corporate purposes.

BoFA Securities has upgraded Maruti Suzuki India to ‘Buy’ from its earlier rating of ‘Neutral’, with a price target of ₹14,000 per share. It believes multiple growth levers could unfold in 2025.

Trent emerged as the top gainer in the Nifty, surging 4% following a positive note from Elara Securities.

Minda Corp Share Price | The acquisition involves the purchase of 2,55,40,578 equity shares, valued at ₹537.18 per share, amounting to a total investment of ₹1,372 crore, Minda Corporation, the flagship of Spark Minda, said in a stock exchange filing.

Of the nine analysts who have coverage on Kalyan Jewellers, eight of them have a ‘Buy’ rating, while one of them has a ‘Sell’ rating on the stock.

The Delhi High Court has ruled that telecom towers are ‘movable’ assets, making them eligible for input tax credit. The court quashed notices denying tax relief to tower companies.

India’s Mutual Funds too, trimmed their stake in the telecom service provider, between the October-December period. These funds, who owned a 4.1% stake at the end of the September quarter, now own a 3.66% stake.

Elara Securities’ Head of Research believes that while export-oriented companies typically hedge their currency exposure for six to 18 months, a prolonged weakness in the rupee against the US dollar offers sustained benefits for their operations, contributing to margin improvement.

US Markets Live Updates: US markets gear up for an important session, with all eyes on December CPI data, expected at 7:00 PM IST, and the earnings season kicking off with results from Goldman Sachs, JPMorgan, Citigroup and others. Stay…