Ebitda is seen at Rs 5,089 crore, up 27.5 per cent over Rs 3,991 crore in the corresponding quarter last year. Cigarette volume growth is seen at 21 per cent, aided by improved mobility levels. Ebitda margin is seen expanding owing to an improved sales mix.
The company board on Friday had approved and allotted 16 lakh fully paid up equity shares with a face value of Rs 10 each, at an issue price of Rs 135 apiece, aggregating to Rs 135 per share.Following the development, shares of Star Housing Finance hit a new lifetime peak of Rs 164.15 on Monday before trading flat. The scrip had settled at Rs 160.90 on Friday
“Yes Bank is moving in the right direction. It will take some time for it to come back to the same kind of profile as it used to have earlier, but I believe that it is a very positive move. DLF should do well but at Rs 380 odd stock price, most of the positives are factored in for the short term.”
Godrej Agrovet Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 9901.05 Crore) operating in Agriculture/Horticulture/Livestock sector.