World's largest telecom equipment maker, Ericsson said that it has seen a decline of 8 per cent in its sales during the second quarter. This has been triggered by the shortage of key components in the whole industry, something that was told by Nokia as well.
Leading capital goods maker Thermax has posted an extra ordinary first quarter results. Thermax has announced its first quarter financial results for the fiscal year 2010 and it has beaten all forecasts this time.
Bombay Dyeing has reported that it has faced a huge loss in the first quarter of the fiscal year 2010-11. Wadia group firm Bombay Dyeing and Manufacturing Company has declared its first quarter financial results for the fiscal year 2010-11 and it is not so impressive. The net loss has overtaken last year’s loss record.
The Government has sanctioned capital, an estimated cost of Rs. 3023.01 crore, for the allocation of unique identity numbers to 10 crore of the India’s 100 million population.
The largest polystyrene producer in India, Supreme Petrochem Ltd (SPL) has declared its year end financial results for the fiscal year 2009-10. As per the financial report it has managed to register almost three fold rise in the net profit figure in this year under review.
The yearly food inflation came down to 12.47 per cent for the week ended on July 10 as compared to previous week’s 12.81 per cent. There has been a decline in the prices of vegetables, especially of potato and onion. The price of potato has come down by more than 45 per cent over the year, while the price of onion has come down by almost 8 per cent. The overall prices of vegetables have come down by 9.92 per cent.Prediction Markets platform Kalshi has signed another agreement improving its product offering in which Kalshi supplies the underlying market data, while DoubleZero handles transport and distributi
News in Focus
Motilal Oswal Financial Services has reiterated a Buy call on Safari Industries with a target price of Rs 2,250, implying roughly 50% upside from the current market price of Rs 1,505.
Featured, India Business, Analyst View, Stock Markets, Auto Sector, ICICI Securities, India, Motherson Sumi Wiring
ICICI Securities has maintained its BUY rating on Motherson Sumi Wiring India, keeping its target price unchanged at Rs50 — a 25% upside from the current market price of Rs40.
Motilal Oswal Financial Services has reiterated a BUY rating on Marico, maintaining its target price at Rs1,050 — a 20% upside from the current market price of Rs875.
Featured, Company Results, Analyst View, Futures & Options, Bullion Update, India, Kalyan Jewellers, Motilal Oswal
Motilal Oswal Financial Services has reiterated a BUY rating on Kalyan Jewellers, maintaining a target price of Rs700 — an 18% upside from the current market price of Rs591.
Motilal Oswal Financial Services has reiterated a BUY rating on Nuvama Wealth, raising its target price to Rs2,100 — a 16% upside from the current market price of Rs1,804.
Main Regional Stories
Godrej Properties Share Price Could Reach Rs 2,350: Motilal Oswal Financial Services Remains Bullish
Featured, India Business, Analyst View, Stock Markets, Godrej Properties, India, Motilal Oswal, Real Estate
Godrej Properties Ltd reported a 22% year-on-year rise in pre-sales to Rs 86.5 billion in the first quarter of FY27, an 8% beat on brokerage estimates, driven by strong launches across Bengaluru, the Mumbai Metropolitan Region and the National Cap
Motilal Oswal Financial Services has retained its BUY rating on DLF Limited, setting a target price of Rs755, implying a 17% upside from the current market price of Rs643.
Motilal Oswal has reiterated a BUY rating on Blue Dart Express with a target price of Rs 6,100, implying 15% upside from the current market price of Rs 5,284.
Maharashtra has become the first Indian state to formally outlaw analogue paneer, a non-dairy imitation product linked to health complaints, in a sweeping one-year ban announced by Food and Drugs Administration (FDA) Commissioner Tukaram Mundhe.
