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Patanjali Foods share price have surged over 25% in three months, with Systematix Institutional Equities giving a 'BUY' rating and a target price of ₹2,259. The brokerage expects revenue to exceed ₹40,000 crore by FY27, with the FMCG business contributing significantly. Continue Reading »
Deepak Shenoy, CEO of Capitalmind, highlighted the brokerage's track record, pointing out that ICICI Securities had released four reports over the past year, each predicting a 60%-77% downside for Mazagon Dock Shipbuilders shares. Continue Reading »
Rising private market valuations and capital gains tax cuts are driving a surge in secondary transactions for startups. Investment bankers report significant pre-IPO stake sales, with new secondary-only funds forming to exploit market opportunities. Continue Reading »
With the stocks of electronics makers such as Voltas and Blue Star priced to perfection, investing in the companies that supply materials to them could be the wiser choice. Continue Reading »
Hi-Tech Pipes' shares hit a record high of ₹192.8 following a ₹105 crore order for ERW steel pipes. The company plans to raise up to ₹600 crore via various securities and reported significant revenue and profit growth in Q1 FY25. Continue Reading »
Gold rate today: Experts believe more upside in gold price today as US Fed rate cut buzz is gaininig momentum ahead of the release of US Fed minutes Continue Reading »
Antfin Singapore Holding, a subsidiary of Alibaba Group, reportedly sold a 2.4% stake in Zomato, worth ₹5,438.50 crore, in a block deal. The sale comes after Zomato's strong quarterly performance, which has driven up its stock price significantly. Continue Reading »