Fri, Jun 24, 2022 3:20 PM
Omnichannel Technology of the Year Award achieved by TCS OmniStore
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Ventura Securities has initiated coverage on VIP Industries with a Buy rating and has recommended a price target of Rs 741 with a 24-month view. The target price signals an upside potential of nearly 35% from the current market price of Rs 551.“Over FY23-27, we are expecting the company’s revenue/ EBITDA/ net earnings to grow at a CAGR of 14.6%/16.4%/18.5% to Rs 3,593 crore.
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Parkev Tatevosian answers if investors can still buy Amazon (NASDAQ: AMZN) stock at current valuations. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon.
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Domestic institutional investors ended up as net buyers on May 2 as they bought Rs 1352.44 crore in the trading session. Foreign institutional buyers ended up as net sellers as they sold Rs 964.47 crore worth of shares. According to the exchange's provisional data, DIIs bought Rs 15,122.33 crore shares and sold Rs 13,769.89 worth of equity. FIIs on the other hand, bought Rs 16,786.80 crore.
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