Thu, Feb 29, 2024 10:59 AM
KSB Pumps Standalone December 2023 Net Sales at Rs 602.60 crore!
A Flip by Avya Verma
Shares of Mahindra and Mahindra (M&M) surged 4 percent to Rs 2,959 on November 19 after CLSA reiterated its "outperform" rating, maintaining a target price of Rs 3,440. This indicates a potential upside of 16 percent from current levels. Insights from CLSA's engagement with M&M’s management revealed strong confidence in the automaker’s growth trajectory.
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Shradha AI Technologies Limited has scheduled a Board meeting on Friday, November 22, 2024, at its registered office in Nagpur. The primary agenda of the meeting is to discuss and approve the Record Date for determining shareholder eligibility for the proposed sub-division or split of Equity Shares. The company has an m-cap of over Rs 190 crore with a PE of 24x, an ROE of 13 and an ROCE of 18%.
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Havells India on Tuesday, November 19 said it will set up a refrigerator manufacturing facility in Ghlioth, Rajasthan with an investment of around ₹480 crore. The capacity addition is set to be of 14 lakh units and the same is to be added by the second quarter of FY27. The investment will be financed via internal accruals.
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