Fri, Jan 17, 2025 9:58 PM
Hindalco to replace diesel vehicles with EVs across all plants in India
A Flip by Shubhangi Gupta
Expecting Bharat Electronics’ (BEL) market share to grow in the coming years, domestic brokerage firm Motilal Oswal has shared its optimistic view on the stock, maintaining a ‘buy’ rating on the same with a target price of Rs 360, indicating potential growth of 27.5%. The shares of BEL closed 2.2% higher at Rs 282.15 on the BSE today.
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The Reserve Bank of India’s (RBI) report released on January 17 said stickiness in food inflation warrants careful monitoring of second-order effects. “Headline inflation eased for the second successive month in December, although the stickiness in food inflation warrants careful monitoring of second-order effects,” the RBI bulletin said.
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SEBI disposes of proceedings against IIFL Securities without issuing directions, following an inspection for compliance with SEBI regulations from April to July 2022. IIFL Securities admitted to technical and venial nature of lapses, which did not cause prejudice to clients or markets, and had already paid a ₹11,00,000 penalty in a separate adjudication proceeding.
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