Fri, Jan 17, 2025 9:57 PM
Need to monitor second-order effects of persistent food inflation: RBI
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.
Open Flip
Hindalco Industries Ltd on Friday said that it aims to replace diesel vehicles with electric vehicles across all plants in the country as part of its goal to become a net-zero carbon emission company. The company stated that it has flagged off a fleet of electric bulkers at its Aditya Aluminium plant in Odisha for supplying one million tonnes of fly ash to the cement industry in the state.
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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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