to me it is …LT foods is doing good and yet this. experts in this group may have a more say.
what would be the impact on management morale and shareholders ?
to me it is …LT foods is doing good and yet this. experts in this group may have a more say.
what would be the impact on management morale and shareholders ?
Trent Share Price: Trent’s shares surged by 12% as it launched its lab-grown diamond (LGD) brand ‘Pome’ in select Westside stores. Priced affordably, Pome targets broad-based LGD penetration. Domestic and global brokerages see value in Trent’s strategy, noting significant potential in emerging categories and strong financial returns.
The stock quoted a 52-week high price of Rs 2697.45 and low of Rs 2081.25.
Indian IT giant Tata Consultancy Services (TCS) is forecast to see up to 7.7% year-on-year revenue growth in the September quarter, chiefly driven by the BSNL deal. Analysts expect a net profit uptick of 8-10%, with varied growth estimates from different brokerages.
Omar Abdullah affirmed JKNC’s unwavering stance on Article 370, stressing that expecting its reinstatement under the current Central government is unrealistic. He emphasized that meaningful discussions on this issue are only possible if the government and Prime Minister change, while also prioritizing broader regional development.
The Reserve Bank of India changed its policy stance to neutral from withdrawal of accommodation while maintaining the repo rate at 6.5%, hinting at a potential rate cut in the upcoming year. Stock and bond markets responded positively, with significant gains in financial sectors.
Analysts foresee gold prices potentially reaching Rs 80,000 per 10 grams due to ongoing Middle East tensions, economic slowdown concerns, and the upcoming U.S. election. Despite potential corrections, festival season buying remains strong, but higher prices might limit physical market volumes in India.
As of 30-Jun-2024, promoters held 63.01 per cent stake in the company, while FIIs held 22.42 per cent and domestic institutional investors had 5.89 per cent.
At 12:30 IST, the barometer index, the S&P BSE Sensex gained 355.51 points or 0.43% to 81,986.03. The Nifty 50 index added 125.90 points or 0.50% to 25,139.05.
While the company is yet to disclose its FY24 financials, it reported revenue of Rs 771.76 crore in FY23 and remained profitable for the third consecutive year
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