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The 12 road assets are in Uttar Pradesh, Madhya Pradesh, Karnataka and Rajasthan.

The contract is awarded by M.P. Madhya Kshetra Vidyut Vitaran Co Ltd and to be completed in 24 months.

The share touched a 52-week high of Rs 264.95 on December 15, 2023 and a 52-week low of Rs 96.70 on March 28, 2023

The brokerage highlighted growth and market share challenges, limited margin upside and high valuations as the key reason for downgrade

The acquisition would be funded mainly through internal accruals, says company.

For the quarter, they registered an uptick in the value over Q2 with an incremental growth while the EBITDA margin aligned with the business projections, the company said.

The sharp margin contraction has been attributed to higher operational expenditure due to increased client acquisition

Khanij Bidesh India Ltd. (KABIL), a joint venture of NALCO Ltd., Hindustan Copper Ltd., and Mineral Exploration Company Ltd., has inked a deal with Argentina#39;s CAMYEN SE

Paytm#39;s continued monetisation, improved profitability dynamics and discounted valuations as compared to global and Indian peers makes UBS bullish over the online payments aggregator.

Brokerages remain watchful of Jio Financial#39;s progress, saying that it is taking a calibrated approach to growth