Wed, Feb 21, 2024 9:55 AM
Jaiprakash Associates may get back land if it clears Rs 200 crore dues
A Flip by Avya Verma
Following a strong show by Adani Ports in the March quarter, brokerages increased target prices on the Nifty stock. Global brokerage firm Citi is among the biggest bull on the counter and has given a target price of Rs 1,782, which signals an upside potential of 32% from the current market price.Shares of Adani Ports, which have rallied 100% in the last 1 year.
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Reported Standalone quarterly numbers for Dhampur Sugar Mills are:Net Sales at Rs 561.59 crore in March 2024 down 15.73% from Rs. 666.44 crore in March 2023.Quarterly Net Profit at Rs. 51.69 crore in March 2024 down 10.71% from Rs. 57.89 crore in March 2023.EBITDA stands at Rs. 100.54 crore in March 2024 down 4.29% from Rs. 105.05 crore in March 2023.
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Reported Standalone quarterly numbers for Privi Speciality Chemicals are:Net Sales at Rs 475.61 crore in March 2024 up 17.35% from Rs. 405.31 crore in March 2023.Quarterly Net Profit at Rs. 34.34 crore in March 2024 up 388.35% from Rs. 11.91 crore in March 2023.EBITDA stands at Rs. 100.61 crore in March 2024 up 178.93% from Rs. 36.07 crore in March 2023.
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