Category: Uncategorized

Analysts at BofA Securities say they expect a 20 percent hike tariff in 2024 and expect Bharti Airtel to benefit

The strong quarterly business updates ushered confidence among investors of the company reporting a stellar set of earnings for Q3.

The meeting of board of directors has been scheduled on January 12, 2024, to consider the proposal for raising funds.

Brokerage UBS has downgraded Indraprastha Gas Ltd (IGL) to sell from buy and cut its target price to Rs 400 a share from Rs 630 a share earlier.

Speaking at the 10th Vibrant Gujarat Global Summit here, he said the group is about to start a 20 GW gigafactory for manufacturing lithium ion batteries in Sanand in two months.

The factory will have a capacity of 24 million tonne per annum, he said speaking at the 10th Vibrant Gujarat Global Summit here.

Shares of large companies that floated since the start of 2023 have outperformed the wider equity market

Addressing the Vibrant Gujarat Global Summit here, he said the company will continue to partner with the Indian logistics sector and support manufacturing industries in Gujarat and the rest of India to make Indian goods globally competitive and accessible.

The carmaker will also invest 32 billion rupees to add a new production line in the state, Toshihiro Suzuki said.

Indian conglomerate Adani Group will invest 2 trillion rupees ($24 billion) in five years in the green energy and renewable energy sectors in the western state of Gujarat, its chairman Gautam Adani said on Wednesday at an investment summit.