Q3FY24 Review: Godrej Consumer: New pillar for HI growth strategy
Recommendation: Buy; Target price: ₹1350
Source: indiainfoline.com
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Indian Indices Close Positive: Nifty at 21,850
Top gainers on the Nifty included BPCL, Power Grid Corporation, ONGC, Adani Ports, and NTPC
Source: indiainfoline.com
Eicher Motors Stock Dips 3% After Four-Day Surge
Models with engine capacity up to 350cc experienced a slight decline of 1%, totaling 67,620 units, down from 68,183 units in January 2023
Source: indiainfoline.com
Q3FY24 Preview State Bank of India: NII seen at ₹402,375 Million, PAT at ₹130,727 Million
Mixed performance likely, as healthy loan growth could be offset by higher operating costs.
Source: indiainfoline.com
Q3FY24 Review: Shree Cement: Industry-leading performance; trades fairly
Recommendation: Reduce; Target price: ₹30500
Source: indiainfoline.com
Q3FY24 Review: Heritage Foods: Steady margin recovery amid a normal flush
Recommendation: Buy; Target price: ₹375
Source: indiainfoline.com
GAIL, Engineers India plan to issue bonus shares worth ₹3,000 Crore to Govt
Companies offer bonus shares to current owners in proportion to their holdings.
Source: indiainfoline.com
2W, PV impress; CV, tractors weak in Auto sector: IIFL Securities
Tractors were down ~15% YoY, due to weak demand in the festive period and high dealer inventory, following sub-optimal rains.
Source: indiainfoline.com
Q3FY24 Review: Maruti Suzuki: Expect strong Q4, but FY25 may be muted
Recommendation: Add; Target price: ₹11,900
Source: indiainfoline.com
Reliance Industries Hits Fresh Record High, Surges 2.5%
The stock witnessed a significant upswing in January, rising approximately 11%, marking its most substantial monthly increase since March 2022.
Source: indiainfoline.com