IOC up 3%, but what could spoil the party?
Kotak said Q1FY25 will be dismal for Indian Oil Corporation driven by a cut in EBITDA estimates, increased debt estimates, and a miss on recent earnings.
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Kotak said Q1FY25 will be dismal for Indian Oil Corporation driven by a cut in EBITDA estimates, increased debt estimates, and a miss on recent earnings.
In March quarter, Mindspace Business Parks REIT posted a growth of nine percent in net operating income (NOI) at Rs 476.8 crore
Exide share price: Nomura India said the battery maker is ahead of most peers in terms of investment in plants, technology partnership (SVOLT) and customer approvals (MOU with Hyundai/Kia).
The Head of Institutional Equities at HDFC Securities expects consumption demand to witness a slight pickup in FY25 and suggests adding exposure to the FMCG sector on a selective basis.
Indus Towers received an additional Rs 360 crore from Vodafone Idea (Vi) for old dues, but analysts note a Rs 60 crore shortfall in collections. Despite this, Indus' trade receivables increased by Rs 430 crore sequentially in Q4FY24, reflecting the delayed collection of Vi's past outstandings, ultimately settled in April.