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Brokerages such as Citi, CLSA and Motilal Oswal Financial Services have downgraded Zee Entertainment, forecasting a slump in valuations and increase in competitive intensity in the sector

HSBC has given the stock a buy call and raised the target price to Rs 9,875 from Rs 6,950 on yet another strong quarterly earnings.

The gross non-performing asset (NPA) stood at 2.3 percent, a decline from 3.07 percent in the previous fiscal,

The project, which is expected to be launched in next calendar year, is a redevelopment that is expected to lead to a sale potential of ~3,42,000 sq. ft. of RERA carpet area with an expected Gross Development Value (GDV) of ~ Rs 1,200 crore.

The said contract is to be executed in 10 months.

The development gains significance as Tata Motors isn#39;t the first company to hike prices in 2024

Cipla also clocked in its highest ever quarterly revenue for the North America business, driven by strong respiratory season.

In another big blow, Sony is also seeking a termination fee of $90 million citing alleged breaches of the merger co-operation agreement (MCA) by Zee Entertainment.

Quarterly net profit expected to plunge 58% QoQ to Rs 5388.60 crore from Rs 12967.30 crore. Net sales predicted to stay flat sequentially (4% growth), but a 15% YoY decline to Rs 194248.10 crore

The Adani group of stocks are interesting because a year back they went down on negative news, says Rohit Srivastava.