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.
The company signed a definitive agreement with Dialog and Axiata Group to merge operations in Sri Lanka.
The company received approval from the National Payment Corporation of India (NPCI) for starting the user migration to new payment system provider (PSP) handles with immediate effect.
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.
The fair trade regulator Competition Commission of India (CCI) approved a 100% acquisition of Lanco Amarkantak Power Limited by the company on March 26.
Jupiter Wagons plans to invest an additional ₹1,000 crore over the next two years.
The tender has been awarded by Convergence Energy Services Limited (CESL) under the PM E-bus Sewa Scheme.
The company says that the project will be commissioned within 24 months from the power purchase agreement (PPA).