Mon, Jan 13, 2025 12:00 PM
PCBL shares nosedive 11% after dismal Q3 earnings show
A Flip by Swapnil Tiwari
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.
Open Flip
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.
Open Flip
