Given the investments of around $576 million and the peak revenues potential upwards of $200 million, four years down the line, ICICI Securities expects some negative impact on the company
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Stock market update: Stocks that hit 52-week highs on NSE (04-11-2024)
Elgi Rubber Co, Shree Rama Multi, OrientalAromatics, Rainbow Childrens and IRIS Business Services, hit their fresh 52-week highs at 10:08AM.
Share price of Bajaj Holdings as Nifty (04-11-2024)
A total of 157 shares changed hands on the counter till 10:05AM (IST).
Stock market update: Nifty Realty index 2.24% in a weak market (04-11-2024)
The Nifty Realty index was trading 2.24 per cent at 986.50.
Afcons Infrastructure slides on debut (04-11-2024)
Shares of Afcons Infrastructure were currently trading at Rs 440.70 at 10:01 IST on the BSE, representing a discount of 5.06% as compared with the issue price of Rs 463.
M&M shares rally 5% as co records highest ever SUV sales, grows by 25% YoY (04-11-2024)
Mahindra & Mahindra’s shares rose by 5.4% due to a 25% year-on-year growth in SUV sales, reaching 54,504 vehicles in October. The company also recorded its highest-ever tractor sales at 64,326 units. This growth was supported by a strong festive season, good crop yields, and favorable government policies.
Sugar Cycles: 7-8 years of losses followed by 2-3 years of super gains! (04-11-2024)
these marquee investors will exit as fast as they came… there are lots of players in the market for various purpose.
sugar sector is old economy stock so one should not expect high valuation. even balrampur has gone above fair value. the strategy is to pick companies which are affected due to seasonal factors and then exit when the profits come back. balrampur is perfect example… it was a steal at 350 and now it is overvalued.
Here’s why Refex Renewables & Infra was locked in 5% upper circuit today (04-11-2024)
The market capitalisation of Refex Renewables & Infrastructure is Rs 503.34 crore, according to BSE
Afcons Infrastructure shares make poor debut: List at 7% discount (04-11-2024)
On the BSE, Afcons Infrastructure shares listed at Rs 430.5, reflecting a discount of 7 per cent against the IPO issue price of Rs 463