Wed, Jul 6, 2022 9:24 PM
This company announces bonus shares in the ratio of 1:2 👇
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Shares of Muthoot Microfin’s were falling on Tuesday despite the small lender posting growth in net profit during the fourth quarter. What Happened: Muthoot Microfin’s financial performance for the quarter ended March 31 showcased remarkable growth, with net profit reaching ₹120 crore, marking a 27% increase compared to the previous year.
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Brokerage Investec upgraded Marico to a buy from hold, Jefferies maintained a buy rating on Godrej Consumer, JPMorgan maintained an underweight rating on Gujarat Gas, and a neutral stance on Lupin. 📌Investec on Marico: Buy| Target Rs 616 📌Jefferies on Godrej Consumer: Buy| Target Rs 1520 📌JPMorgan on Gujarat Gas: Underweight| Target Rs 396 📌JPMorgan on Lupin: Neutral| Target Rs 1550.
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Microsoft Corporation recently acquired 48 acres of land in Hyderabad for a deal valued at approximately Rs 267 crore. The property was purchased from the land aggregator, Sai Balaji Developers, located in Ranga Reddy district, as per the document shared by Propstack, a data analytics firm. Microsoft currently operates an India Development Centre (IDC) out of Hyderabad.
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