Tue, Sep 10, 2024 12:51 PM
Multibagger small-cap stock, SEPC hits 52-week high
A Flip by Shubhangi Gupta
Asian currencies are heading for their worst week in over a year, with a Bloomberg gauge slumping 0.8%, as traders scale back bets on aggressive Federal Reserve rate cuts amid resilient US jobs data and geopolitical tensions. The Malaysian ringgit, Indonesian rupiah, and Thai baht lead the losses, with some expecting them to give back half to two-thirds of their recent rally.
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📌Goldman Sachs has a sell rating on Avenue Supermarts with a target price of Rs 4,050. 📌Macquarie has an outperform rating on Avenue Supermarts with a target price of Rs 5,600. 📌Morgan Stanley has an overweight rating on M&M with a target price of Rs 3,304. 📌Morgan Stanley has an overweight rating on Bajaj Finance with a target price of Rs 9,000.
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Jakson Green is closing in on a more than Rs 4,000 crore ($476.4 million) fundraise to expand its renewable energy capacity, Joint Managing Director Krishnan Kannan said. The privately-held company, which currently has an installed capacity of around 250 megawatt, will add 1 gigawatt (GW) by early 2026."We are working with a strategic partner to bring in the investment.
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