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₹1430 and ‘Accumulate’ rating on Mahindra Logistics and Delhivery with a target price of ₹500 and ₹510. Also read: Technical pick: Anand Rathi forecasts near-term upside potential for this small-cap stock “The logistics sector is mainly dominated by the movement of goods via roads (~71% of volumes and ~65-70% of transportation revenues). Overall, est.

According to the firm's trading update, its AUM climbed to £17.6bn in the period, up from £13.9bn at the end of 2023. Tatton AM assets jump by nearly 20% on MPS demand This was the culmination of the group's three-year ‘Roadmap to Growth' strategy, which set a target of £15bn AUM by 31 March 2024. Across the three years, Tatton AM recorded £5.4bn «organic net inflows». «We look forward to announcing our new target when we release the full year results in June,» it said. The group's audited final results are scheduled to be released on 18 June 2024, according to the notice. Ta...

Morgan Stanley’s traders delivered first-quarter revenue that exceeded expectations as its wealth management juggernaut also got back on track — both handing a key win for its new leader Ted Pick.

₹64.90 to ₹59.50 per share year-to-date (YTD), marking a decrease of approximately 8.32 per cent during this period. Yet, according to the Anand Rathi stock research team's assessment, the stock has transitioned beyond its base building phase and is poised to deliver significant upside potential.

With BOME trending downward and DogWifHat (WIF) retracing from recent highs, savvy memecoin investors are eyeing new presales, hoping for potential gains of up to 1000% by April 2024.

Devendra Fadnavis on Tuesday used the analogy of a train to take a dig at the opposition INDIA bloc, saying that in Congress leader Rahul Gandhi's train, every ally considers itself to be the engine. He also hailed Prime Minister Narendra Modi, calling him the «powerful engine of development» followed by the coaches of allies, including the Shiv Sena, NCP, RPI (Athawale) and other regional parties. Fadnavis, who was campaigning for BJP candidates Ram Satpute and Ranjit Naik-Nimbalkar, said persons from all castes and religions have seats in the Mahayuti's train.

Mint. The state-owned airport operator also plans to invite bids for operation, management and development of 13 airports, including Bhubaneswar, Trichy, Indore, Raipur, Amritsar and Varanasi, in public-private-partnership mode, the officials added. “The plan is to be implemented after the new government takes over in June.

Congress National General Secretary Priyanka Gandhi Vadra's husband, Robert Vadra, has hinted about a political debut in the upcoming Lok Sabha elections. Stating that while he has attempted to stay away from politics he has not ruled out entering the electoral fray if the party feels he can bring about a change. If given a chance, he said he would pick Moradabad and Haryana to contest from. «I have stayed away from politics, but different political parties wanted to pull me into politics and used tactics to trouble me for being connected to the Gandhi family. I have always been treated as a political tool and a soft target or hard target whenever there is an election,» Vadra said, speaking to on Tuesday. The son-in-law of Congress Parliamentary Party Chairperson Sonia Gandhi said he felt he could give such critics a better response politically as an MP.

L&T: MOSL predicts that Larsen & Toubro's (L&T) growth trajectory will be steered by an 18% surge in order inflows, propelled by a robust pipeline of prospects. Additionally, a gradual rebound in core Engineering, Procurement, and Construction (EPC) EBITDA margin is projected to reach 9.1% and 9.7% by FY25 and FY26 respectively. MOSL highlights the emergence of green shoots and expects ordering to gain momentum post elections, leading to a sector-wide valuation re-rating.

Coal India’s capital expenditure has increased 6.5% in FY24 to ₹19,840 crore. It is the highest ever capex recorded by Coal India in a year. "Comparatively, the capex was ₹18,619 crore in the preceding fiscal year.

Also Read: Nifty Metal index bounces back 3.4% from day's low amid strong spike in metal prices China has set an ambitious economic growth target of around 5% for 2024, a goal that analysts view as requiring additional stimulus measures to achieve. In addition to the GDP data, China's release of March indicators—property investment, retail sales, and industrial output—underscored the persistent weakness in domestic demand.

The company said it believes the IPO will «provide an enduring long-term institutional structure to support the group's continued growth and evolution» and provide access to the public capital markets, increasing the firm's profile, and enable it to «invest in its people». The European private equity firm is targeting a minimum €1.25bn fundraise for the listing, after previously postponing its plans due to upheaval in the Middle East. RIT Capital Partners set for portfolio boost as two private holdings line up IPO and tender offer CVC has delayed its IPO twice in as many years due ...

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inflation in India, improving productivity growth alongside external factors, economists now expect the Reserve Bank of India to hold the rates steady and expect no easing in FY25. A report by Morgan Stanley on Tuesday said that the RBI is likely to keep the policy rate steady at 6.5 per cent due to global factors such as higher commodity prices, delayed start or shallower easing from the Fed and a stronger dollar. In addition, the decision also depends on domestic factors such as continued upside surprise in growth, driven by capex and productivity, implying higher equilibrium real rates.

interest rate cut according to analysts. The UK unemployment rate rose to 4.2 percent in the three months to the end of February, up from 3.9 percent in the three months to January, the Office for National Statistics (ONS) said in a statement.

Polycab India, a leading manufacturer of electrical wires and cables, has seen its shares grow gradually year after year, rewarding its long-term investors handsomely. The company is a market leader in the cables & wires sector, with a 26% share in the organised market and an 18% share in the overall market. It focuses on in-house manufacturing with a high degree of backward integration and has 25 manufacturing facilities.

Sanjiv Bhasin, Director, IIFL Securities, says In the current market scenario, Hindustan Unilever Limited (HUL) emerges as a compelling addition to investment portfolios. A systematic investment plan (SIP) in HUL, with a minimal downside risk of Rs 50 but an upside potential of Rs 400, should be considered. Another stock to watch is Larsen & Toubro Infotech (LTI), despite recent negative news. Insiders believe that any impact from resignations has already been factored in, making LTI an attractive option at Rs 4,800. Indiabulls Real Estate is also gaining attention as a lucrative prospect, especially with its market cap of Rs 6,500 crore, recent infusion of Rs 4,000 crore. Investors are advised to consider reallocating from heavyweight stocks like Godrej and DLF to capitalize on the potential growth of Indiabulls Real Estate. Additionally, opportunities may arise with ICICI Bank, expected to deliver strong financial results. Things are heating up for the markets. You had warned of this kind of weakness and volatility in the markets. What next? Do you see this weakness continue for some more time? Sanjiv Bhasin: Yes, we had warned investors to take some money off the table.

₹648 apiece. Brokerage firm Motilal Oswal believes the stock can rise further by as much as 34 per cent. The brokerage firm has reiterated its buy call on the stock with a target price of ₹1,100, based on 45 times FY26E earnings per share (EPS).

Sunrisers Hyderabad by 25 runs and failed to chase the target of 288 runs in 20 overs on Monday, April 15. India's Tennis legend Mahesh Bhupathi, in a post on X (formerly Twitter), asked the Board of Control for Cricket in India (BCCI) to enforce the sale of RCB to a new owner. “For the sake of the Sport , the IPL, the fans and even the players i think BCCI needs to enforce the Sale of RCB to a New owner who will care to build a sports franchise the way most of the other teams have done so," Bhupathi wrote on the microblogging site.

Rekha Jhunjhunwala portfolio: Ace investor Rekha Jhunjhunwala has booked partial profit in her portfolio stock NCC shares. As per the shareholding pattern of NCC for the January to March 2024 quarter, Rekha Jhunjhunwala has trimmed her stake in the construction company from 11.24 percent to 10.10.64 percent. However, stock market experts are still bullish on this Rekha Jhunjhunwala portfolio stock.

NEW DELHI : India has allowed export of 10,000 tonnes of onion to Sri Lanka through the National Cooperatives Exports Cooperative, the Directorate General of Foreign Trade (DGFT) said in a notification late on Monday. With this, India has approved as much as 79,160 tonnes of onions for export overriding a ban on shipments imposed in December 2023. The government recently approved an additional 10,000 tonnes of onion export to the United Arab Emirates over and above the 24,400 tonnes allowed earlier.