Tue, Sep 10, 2024 1:16 PM
Watch These Oracle Price Levels as Stock Jumps on Strong Earnings
A Flip by Shubhangi Gupta
Investec maintains a bullish stance on Cipla, expecting 12-13% sales growth in the Indian pharma market and clearance of its Goa plant by the US FDA in a few months, paving the way for the production of Abraxane, a key drug in Cipla's pipeline. Investec retains its 'buy' call with a price target of Rs 1,900, implying a 15% upside potential.
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Shares of newly listed Bajaj Housing Finance will be in focus on Friday after the company released its first business update for the July-September quarter, marking its debut as a public company. In the update, Bajaj Housing Finance reported that its Assets Under Management (AUM) surpassed Rs 1 lakh crore during the quarter, reaching Rs 1,02,550 crore—a 26% growth compared to Rs 81,215 crore.
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Geojit Financial Services's report on Daily Agri Picks. Farmers in Karnataka have sown kharif crops over 8.1 million hectares as of last Friday, up 9.4% from 7.4 million hectares sown a year ago, according to a report released by the state's agricultural department. The normal kharif acreage for the period, which is the average of the last five years, is 7.6 million hectares.
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