The brokerage house upgraded Ultratech Cement, Dalmia Bharat, and Ramco Cement from Neutral to Buy.
Cement stocks rally after Nomura upgrades on hopes of strong volume growth on December 27, 2023 at 7:22 am
The brokerage house upgraded Ultratech Cement, Dalmia Bharat, and Ramco Cement from Neutral to Buy.
As the Indian benchmark indices extended their winning streak to the third session, analysts attribute the strong momentum to the underlying bullish sentiment among investors.
During the first six months of the current financial year, public sector banks earned about Rs 68,500 crore and the trajectory is likely to continue unchanged in the second half as well.
LT#39;s order book stood at Rs 4,50,700 crore in the first half of FY24, up 22 percent on year from the previous fiscal.
Besides, efforts will be made to bring more captive and commercial coal mines into operation, improve the quality of the dry fuel and transportation infrastructure for environmental sustainability. Digitisation of mine records is also on the cards.
Under the cooperation, EKA Mobility will receive significant and strategic investments from Mitsui and technological support and an equity partnership from VDL Groep, a leading Dutch technology firm, the company said in a statement.
The issues identified encompass the disallowance of claims for deduction under sections 80-IE and 80-JJAA of the Income Tax Act
Maithan Alloys emphasized the need for NSE#39;s preliminary approval for the acquisition.
Retail investors bought 15.09 times and high net-worth individuals picked 62.17 times the allotted quota, while qualified institutional buyers (QIBs) picked 220.48 times their reserved portion
The listing was expected to be along positive lines, as the GMP was 21 percent over the IPO price.