Sources have now told CNBC-TV18 that the company has put its acquisition plans in abeyance. The move follows concerns and feedback that the company received from shareholders.
Air India Express has expanded rapidly since privatisation, with available seat kilometres (ASKs) nearly doubling and market share tripling. The airline is planning exponential growth of nearly three times by FY31, when it aims to operate a fleet of around…
For the first nine months of the year, Suzlon Energy’s revenue has grown by 58% from the same period last year to ₹11,211 crore, while volumes have grown by 66% year-on-year to 1,625 MW.
The minimum investment amount for the fund is ₹10 lakh, while accredited investors can invest with a minimum of ₹1 lakh. The exit load is set at 0.5% if redeemed within three months from the date of allotment.
Godrej Properties said it has achieved 74% of its annual guidance for booking value. It added that it remains on track to beat its guidance of ₹32,500 crore for the financial year 2026.
Brokerages Macquarie, Jefferies, Bernstein, Citi and Goldman Sachs have ‘buy’ and ‘outperform’ ratings on the Devyani International stock (including an upgrade) and see up to a 56% potential upside on the stock from its previous closing price.
Dharmesh Kant, Head-Research, Chola Securities prefers IT product companies and remains positive on HAL due to strong order visibility and execution potential.
Devina Mehra, Founder, Chairperson and Managing Director of First Global, said that IT will no longer play the same role as a mass employer for the Indian economy as it has over the past two and a half decades, even…
Girish Pai, Research Analyst and Head of Institutional Equity Research at BOB Capital Markets, prefers BPO-focused companies and named Firstsource and eClerx as stocks he is more comfortable with at current levels.
The shortfall in memory chips and the resultant rise in prices is something that has been highlighted by multiple brokerages, who had downgraded or cut price targets on Dixon Technologies in January.