HUL share tanks 2% on decline in Q4 profit
Analysts at brokerage firm Motilal Oswal gave a 'BUY' rating with a revised target price of ₹2,900 per share.
Analysts at brokerage firm Motilal Oswal gave a 'BUY' rating with a revised target price of ₹2,900 per share.
Despite beating analysts' estimates, in the March quarter of FY24, the company’s consolidated net profit declined by 8% to ₹2,385 crore, as against ₹3,074 crore in the corresponding period last year.
Ace investor and D-Mart founder and chairman Radhakishna Damani reportedly bought an additional 1.51% stake or 2.33 lakh shares of the company on April 15.
The beleaguered telecom operator plans to use ₹12,750 crore from the FPO to purchase equipment to expand its 4G and 5G network as well as existing capacities.
Jupiter Wagons plans to invest an additional ₹1,000 crore over the next two years.
The company says that the project will be commissioned within 24 months from the power purchase agreement (PPA).
Fairfax India Holdings Corporation announced its commitment to provide liquidity support worth $200 million to the company, amidst the Reserve Bank of India's (RBI) ban on issuing gold loans.
On a standalone basis, the net profit was up 2% YoY at ₹1,562 crore in Q2 FY24, while total operating income grew 22% to ₹3,386 crore.
Let’s see how Manish Goel, a value investor, commenced his value investing journey and became one of the leading small cap investor in the country.
The NSE said that in the recent past, the exchange has observed instances of misuse of client funds during its inspections as well as in the alerts generated under offsite supervision.