TCPL will buy a controlling stake in Organic India, and about 75 percent in Capital Foods
Tata Consumer hits 52-week high amid reports of acquiring Capital Foods, Organic India on January 12, 2024 at 3:58 am
TCPL will buy a controlling stake in Organic India, and about 75 percent in Capital Foods
Container Corporation of India (CONCOR) recorded total volumes of 11,50,808 TEUs (twenty feet equivalent units) for the quarter ending December 2023, up by around 6.05 percent Year-on-Year.
The share touched a 52-week high of Rs 539.00 and a 52-week low of Rs 337.45 on January 11, 2024 and March 28, 2023, respectively.
The project is scheduled to be completed within 18 months from the effective date.
A recent analysis found that between 2018 and 2021, companies led by founders in the BVP Nasdaq Emerging Cloud Index outperformed those that weren’t by about 50%. But by the beginning of 2022, that edge had evaporated
The brokerage firm reported a profit after tax of Rs 15.1 crore in Q3FY24, which is higher by 37 percent YoY, but down 21 percent on a sequential basis.
In the last nine sessions, mutual funds lost around Rs 1,460 crore and foreign investors around Rs 2,936 crore following the steep fall in the stock price
Earnings growth to be in mid-teens and there is headroom for margin improvement
Stocks to watch: Check out the companies making headlines before the opening bell today, on January 12, 2024.
Looking forward, the immediate resistance for Nifty is identified at the record high level of 21,834, with an additional resistance level at 22,000. On the downside, crucial support levels are recognized at 21,330 and 20,975.