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The company is still valued at more than 100 times its earnings - but it faces problems that experts say go beyond questions around its CEO Continue Reading »
SBI Securities projects strong growth for Goodluck India, highlighting its entry into hydraulic tubes and defence sectors. It expects revenue, EBITDA, and net profit to grow at a CAGR of 13.6%, 18.1%, and 25% between FY24-FY26E and has set a target price of ₹947 apiece. Continue Reading »
Germany’s 10-year bond yield rising to 4% is “entirely feasible” as a reset in the country’s borrowing costs plays out, according to Aviva Investors. Continue Reading »
IPO Watch: Hellman & Friedman has selected Goldman Sachs and Morgan Stanley to lead the IPO of security firm Verisure, potentially boosting the European IPO market, which has been sluggish. The listing could take place in major cities like London and Amsterdam. Continue Reading »
TVS Motor Company declared a ₹10 interim dividend per share for FY 2024-25, with March 26 set as the record date. The company's shares ended today's trading session with a 1.17% gain at ₹2,346 per share, extending their winning streak for the fourth consecutive session. Continue Reading »
Accenture raised its annual revenue forecast due to increasing demand for AI integration services. The company now anticipates revenue growth between 5% and 7%, up from 4% to 7%, driven by strong project demand in cloud migration and digital transformation. Continue Reading »