Fri, Nov 8, 2024 12:39 PM
Aditya Birla Fashion Standalone September 2024 Net Sales at Rs 3,269.83 cr
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Jindal Steel and Power's Q2FY25 performance was somewhat better despite weak steel prices and muted volumes, with declining volumes and average NSR, but improved subsidiaries' performance and lower coking coal costs; the company expects improved demand in H2FY25, supporting long product pricing, and maintains an 'Accumulate' rating with a revised TP of Rs1,017.
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Stock Market today: Small-cap stock below ₹100 Brahmaputra Infrastructure Ltd. share price gained 14% during the intraday trades on Friday. Brahmaputra Infrastructure announced receiving a LOA ( Letter of Acceptance) from Telcommunication Consultants India Limited for project execution. Brahmaputra Infrastructure share price opened at ₹65.99 on the BSE on Tuesday.
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AAVAS Financiers reported a weak quarter with lower NIM and disbursals, but PAT was in line due to lower opex and provisions. The company reiterated its FY25 guidance, expecting 20% AuM growth, and opex efficiency. Due to weak credit flow, AuM growth estimates were trimmed, but the target price increased to Rs1,900 with a "accumulate" rating.
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