Suzlon Energy to get ₹173 crore income tax refund after ITAT rules in favour of company

Suzlon Energy’s shares have gained over 60% so far in 2024, despite having corrected from its recent peak of ₹86.

Suzlon Energy’s shares have gained over 60% so far in 2024, despite having corrected from its recent peak of ₹86.

Out of the seven analysts that have coverage on Mahindra Lifespace, six of them have a “buy” rating on the stock, while one has a “hold” recommendation.

In India, the cost of 22-carat gold rose by ₹150, bringing the price to ₹7,150 per gram. For 24-carat gold, the price stood at ₹7,800 per gram.

It must be noted that the shareholder lock-in period ending does not mean all the shares will be sold in the open market but they only become eligible to be traded.

Shares of Ola Electric Mobility are off opening highs, currently trading 3.87% lower at ₹86.45. The stock has tumbled 7% in the last one month.

From REC and PFC to ONGC and Coal India, these PSU stocks currently offer the highest upside potential after a correction from their peaks.

Ventive Hospitality (formerly ICC Realty) is a joint venture between US-based Blackstone Group and Panchshil Realty. Currently, Panchshil holds a 60% stake in Ventive, while Blackstone owns the remaining 40% stake.

The issue had opened for public subscription on December 20 to raise about ₹582 crore from the primary market.

Since the entire issue is an OFS, all the proceeds from the IPO will go directly to the selling shareholder, rather than the company.

Ed Yardeni, President of Yardeni Research, says a 10-15% drop in the US market is likely, potentially creating ripple effects in India. However, he does not foresee a bear market.