Sun, Jun 30, 2024 10:20 AM
Analysts revise Chewy stock price target after Roaring Kitty post
A Flip by Riya Sharma
The Tamil Nadu government has increased guideline values for land in Chennai and other old corporations by up to 10%, effective July 1, resulting in a hike in property prices. The revised values range from Rs 6,100 to Rs 17,600 per square foot in various areas. This move is expected to increase premium FSI charges, which will be passed on to buyers, adding to their financial burden.
Open Flip
Benchmark Sensex rose 443 points to a new record high, driven by banking and IT shares, with Emami up 5.03%, CDSL gaining 1.7%, and Medanta down 2.70%. Technical analysts recommend buying Emami with a target price of 871 and a stop loss at 683, holding CDSL with a target of 2790 and a stop loss at 2240, and avoiding Medanta until it crosses 1388 levels.
Open Flip
GPT Infraprojects has set July 3 as the record date for its 1:1 bonus share issuance, meaning shareholders will receive one bonus share for each share held. The company reported a 10% YoY growth in consolidated total income to Rs 296 crore in Q4 FY24, with a net profit of Rs 16 crore. The shares have given multibagger returns of 355% in the last year and surged 68% in the current calendar year.
Open Flip
