Target Financial News

HDFC Securities has a buy call on Ashoka Buildcon with a target price of Rs 302. The current market price of Ashoka Buildcon is Rs 237.85. Ashoka Buildcon, incorporated in 1993, is a Mid Cap company with a market cap of Rs 6663.25 crore, operating in the infrastructure sector. Ashoka Buildcon's key products/revenue segments include Income From Construction Work, Ready Mix Concrete, Other Operating Revenue, Scrap and Land for the year ending 31-Mar-2023.

Subscribe to enjoy similar stories. New Delhi: A blueprint to spruce up India’s tourism industry is in the works. The Centre is preparing a five-year plan to develop about 100 tourist destinations to global standards, and position them according to their individual potential, according to two officials close to the discussions.

Baltic Sea which linked Finland to Germany and Lithuania to Sweden's Gotland Island have been reportedly damaged while raising suspicions of possible sabotage amid heightened tensions with Russia, reported The U.S. Sun. The Finnish company Cinia reported that its 1,200 km cable connecting Helsinki to Rostock stopped functioning early morning while a 218 km cable between Lithuania and Gotland went out of service the previous day. According to The U.S. Sun, both incidents have prompted investigations by Finnish and German authorities who have eventually expressed deep concern over the potential for intentional damage to critical infrastructure. Also Read :My Life With the Walter Boys Season 2: What we know about cast, plot and production

Inflation in October came in at two per cent, back to the Bank of Canada’s target, but accelerating faster than economist predictions of 1.9 per cent year over year and higher than the 1.6 per cent recorded in September.

Subscribe to enjoy similar stories. A quiet transformation is underway at the heart of the Tata group-owned Indian Hotels Co. Ltd (IHCL).

Punjab Kings (PBKS) is one such team that has boasted several big names over the years but hasn’t left a significant mark on the league. However, the beauty of sport lies in its opportunities for redemption, and with the IPL 2025 auction just days away, PBKS fans are hopeful that their team will get it right this time. Known for their bold moves in the auction, PBKS has set the stage for an exciting rebuild under the guidance of their new head coach, Australian legend Ricky Ponting. PBKS has struggled with consistency over the years, reaching the IPL final only once, in 2014. Since then, they haven’t made the playoffs and finished ninth in the last season, with just five wins in 14 matches. This year, they released all their big stars, giving them a Rs 110 crore purse and four Right-to-Match (RTM) cards, setting the stage for a potentially game-changing auction.

TS Suites, Table Space's premium, flexible workspace solution, expects to achieve Rs 800 crore in standalone revenue by December 2025, driven by solid enterprise interest. The firm recorded Rs 200 crore in revenue from January to September 2024, and sectors like BFSI, IT/ITeS, and consulting are looking for more managed office spaces. «We started the year with just four centres, and by November, TS Suites has expanded to over 11 centres across seven cities, offering approximately 8,000–10,000 seats spanning 500,000 sq. ft.,» said Karan Chopra, a cofounder of Table Space. «This momentum, driven by BFSI and tech clients, has positioned us as a top choice for enterprises seeking high-quality, scalable workspace solutions.»

TCIL) is likely to sell its remaining 15% share in Bharti Hexacom in multiple tranches for a windfall income. «The government is considering selling out 15% share in Bharti Hexacom in two or more tranches to maximise the proceeds.Decision not to sell the complete stake in one go previously helped the government to maximise its return by more than 60% over its target value of Rs 9,500-crore. Selling the balance stake in multiple tranches will further enhance value maximization for the government,» a senior Department of Telecommunications (DoT) official told ET. In April this year, the public sector firm sold 15% equity of the total 30% it had in Sunil Mittal-driven Bharti's unit Bharti Hexacom that fetched Rs 4,275-crore to the state exchequer at Rs 570 per share.

Rahul Gandhi on Tuesday alleged that there was a «fixed match» going on to protect crony capitalists and said ordinary investors will be the biggest loser in it. In a video titled «Buch Stops here», Rahul Gandhi targets SEBI chief Madhabi Puri Buch and businessman Gautam Adani, as he discusses the issue of safeguarding investors' savings with his colleague and party leader Pawan Khera and veteran journalist Sucheta Dalal. In the over 8-minute video conversation, Gandhi accuses SEBI under chairperson Buch of failing to protect investor wealth, instead, he said it «safeguarded» corporate giants like the Adani Group.

electric three-wheelers (e-3w of L5 category) after ET reported they were stopped since PM E-DRIVE targets were achieved. According to officials aware of the move, subsidies for eligible e-3w (L5) sales in the country will now be available at a reduced rate of Rs 2,500 per KiloWatt (kW), capped at Rs 25,000 per unit. This is half the original subsidy disbursed by the Ministry of Heavy Industries (MHI) to incentivise locally made e3w (L5) units. A reduced subsidy will also be offered for electric two-wheelers (e2w) after PM E-DRIVE targets under this category for the current fiscal are expected to be achieved by February 2025 itself.

Subscribe to enjoy similar stories. Market corrections are an inevitable part of the investing journey, but they don’t have to derail long-term financial goals. While it’s natural to feel anxious when stock prices are falling, savvy investors know that these times present opportunities for growth, learning, and strategic decision-making.

Gurdeep Singh, CMD, and Jaikumar Srinivasan, Director-Finance,NTPC & NTPC Green Energy, in talks with ET Now. Singh says that NTPC Green has a broad target of producing 60 gigawatt by FY32 but on a more immediate basis, they have operational capacity of 3.32 gigawatt and 13 gigawatt under construction. Singh says: “We were there yesterday, we are here today and we will be here tomorrow and going forward. Our clear-cut strategy is that we will be going very steadily while taking care of the good returns, but we are at present ready to execute large scale projects in different parts of the country.” NTPC Green favours large scale solar projects plus the wind projects rather than the smaller ones of 100 to 200 megawatt because smaller projects have to be in the queue to get connectivity in the pooling station. In case of a large-scale renewable energy park, the pooling station comes to the park.

Subscribe to enjoy similar stories. An airstrike killed five people in central Beirut, and rockets fired from Lebanon killed one person in northern Israel and caused several injuries in a Tel Aviv suburb, amid a continuing U.S. push for a cease-fire deal between Israel and Hezbollah militants.

ProfitMart has a buy call on Aartech Solonics with a target price of Rs 110. The current market price of Aartech Solonics is Rs 66.03. The time period given by the analyst is 12-18 months for Aartech Solonics price to reach the defined target. The company, incorporated in 1982, is a Small Cap company with a market cap of Rs 214.93 crore, operating in Industrial Equipment sector. Aartech Solonics' key products/revenue segments include Electrical Machines and Sale of services for the year ending 31-Mar-2024.

Honasa Consumer, the parent company of Mamaearth, extended losses for the second consecutive session, falling 34% over two days to their 52-week low of Rs 242.60 on the BSE, after the company’s Q2 results disappointed the Street. Mamaearth shares fell by 18% in Tuesday's session, following a 20% decline in yesterday's trade.

Axis Securities has a buy call on Ambuja Cements with a target price of Rs 601. The current market price of Ambuja Cements is Rs 548.55. Ambuja Cements, incorporated in 1981, is a Large Cap company with a market cap of Rs 134708.22 crore, operating in the Cement sector. Ambuja Cements' key products/revenue segments include Cement, Other Operating Revenue and Scrap for the year ending 31-Dec-2021.

The chip designer, which powered 20 per cent of the S&P 500's return over the past year, is expected to drive nearly 25 per cent of its EPS growth in the third quarter, according to BofA Global Research. Nvidia's shares fell 1.3 per cent after a report said its new AI chips were overheating in servers, as per a Reuters report. «While Nvidia is the last of the Magnificent Seven to report, you’ve seen a nice broadening in earnings and attention,» said Carol Schleif, chief investment officer at BMO Family Office. «It'll be noteworthy, but it doesn’t feel like there's the same level of impetus around it as there was a quarter or two ago.»

Honasa Consumer, parent of personal care brand Mamaearth, plunged 20% — the lowest trading limit of the day — after the company posted losses in its second-quarter earnings. The stock closed at ₹297.25, below its initial public offering (IPO) price of ₹324. The company was listed last November. Concerns over a likely decline in sales in its flagship brand, Mamaearth and earlier expectations of strong earnings growth have made investors sceptical about the stock's prospects.

Jan Martin always thought she was “careful enough” in handling potential scammers. The project manager in her mid-30s frequently changed her passwords and rarely picked up calls from unknown numbers. But her confidence levels took a hit last summer when she lost $3,000 to fraudsters in the space of just a few minutes.

Zee Entertainment Enterprises Ltd. (ZEEL), has decided to step down from the MD role to focus exclusively on his responsibilities as CEO, according to a company statement. Goenka will remain on the board as a Director, pending shareholder approval, the statement said, adding that the board has approved his request, citing the need for dedicated focus on ZEEL's operational growth strategy. This decision precedes a significant shareholder vote scheduled for November 28 regarding Goenka's reappointment as MD and CEO for a new five-year term commencing in January 2025.

TeamLease Services on Monday. The industry has identified a critical talent gap in specialised fields such as communication and broadcast electronics, consumer electronics, industrial electronics, and aerospace and defence electronics, said the recruitment and human resources services company. «The industry faces a dual challenge: a shortage of skilled workers and a lack of specialised technical expertise essential for advanced roles. Key areas like manufacturing, electronics design, and technical troubleshooting are particularly affected, where expertise is vital for innovation and operational efficiency,» the report said. «Without targeted training and upskilling initiatives, companies struggle to fill crucial roles, despite the rise in job opportunities, highlighting the urgent need to bridge this gap through focused efforts.»