Tue, Sep 17, 2024 1:43 PM
Carlyle Revives IPO Plans for Chemical Firm Nouryon
A Flip by Shubhangi Gupta
Tata Motors‘ share price jumped back into the green on Thursday after the company received an upgrade from a brokerage firm. What Happened: The surge today comes as Emkay Global upgraded the stock’s rating from “add” to “buy” with a price target of ₹1,175, The target indicates an around 22% upside from the stock’s last closing price.
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U.S. investment bank PJT Partners, known for steering high-profile companies like WeWork and LATAM Airlines through bankruptcies, has agreed to buy Dubai-based advisory firm deNovo Partners. The deal, expected to close next month, will help PJT expand its presence in the Middle East and give it access to a client base comprising prominent businesses and government-related entities.
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Shares of Bharti Airtel, one of India’s top telecommunications service providers, have been maintaining strong upward momentum on Dalal Street, consistently hitting new lifetime highs and crossing significant milestones, which have resulted in stellar returns for its investors. In today’s session, the stock touched a fresh all time high of ₹1,675 apiece, resulting in 62% gain in the current year.
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