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Buy Chalet Hotels, target price Rs 960: JM FinancialJM Financial recommends buying Chalet Hotels with a target price of Rs 960. Chalet Hotels reported a consolidated total income of Rs 464.46...- Buy Chalet Hotels, target price Rs 960: JM FinancialJM Financial recommends buying Chalet Hotels with a target price of Rs 960, given its strong performance in the last quarter with a 21.21% ...
- India's shift to electric vehicles will lead to more copper importsThe average battery electric vehicle requires 83 kg of copper, and solar photovoltaic and onshore wind platforms require nearly 3,000 kg of...
- Corporate profitability set to fall in Q4: ReportOperating profit margins for companies are set to fall by as much as 3 percentage points compared to the year-ago period, and up to 0.60 pe...
- Unseasonal rains and hail affect rabi crops in North IndiaFor mustard and gram crops, especially in Rajasthan, hailstorms this month has been detrimental specially in districts like Bharatpur, Dhol...
- Solar equipment maker CubicPV set to put $350 million into local plant, eyes PLI schemeCubicPV will apply for the production-linked incentive (PLI) scheme next month, and is confident that their wafer manufacturing technology ...
- Not rural, urban markets could support the recovery curve this time, says Crisil’s Hetal Gandhi“We would be a little cautious on rural till we see a complete synching in of the monsoons.”
- Tractor sales rally drops in April but experts hopeful of a bounce backTractor sales in India lost steam in April, dropping for the first time in 10 months, but experts and manufacturers said they expect a rebo...
- Automobile industry to see double-digit sales decline in FY21: Crisil ResearchThe automobile industry is headed for another year of double-digit sales decline this fiscal, Crisil said.
- Auto sales may slip to 10-yr low amid weak sentimentPassenger vehicles sales are predicted to dip 25% on the low base of FY20 when sales declined 18%. Commercial vehicles sales were predicted...
- Pre-owned vehicles, 2-wheelers to benefit from hesitation to use public transportation: CRISILConsumers would be averse to making a big-ticket purchase like a car. However, consumers might consider purchasing two-wheelers or used veh...
- Electricity demand falls 24 per cent in April due to lockdown: CrisilAccording to the rating agency, states with highest industrial activities, especially in the manufacturing sector, including Uttarakhand, G...
- ‘Cement makers may log operating profit margin of 20% in FY21’Stable realisations and benign input prices are likely to lead to recovery in demand.
- Sales of electric two and three wheelers to see huge improvement by 2024: CrisilAt the other end, sales of personal electric cars will remain in the slow lane due to high acquisition and ownership costs in the absence o...
- US withdrawal of trade benefits to impact gems and jewellery exports: ReportIndia tops the list of exporters to the US in this category, with more than 15 per cent share, the rating agency Crisil said.
- Sugar millers' ebitda margins to drop 200-250 bps: CrisilThe more the gap between sugar prices and cane cost, the better is the margin for mills.
- Gully cricket in an ivory towerIndustry captains living in posh Mahalaxmi skyscraper channel their inner Dhoni and Sachin.
- Tano Capital to invest Rs 80 crore in Shree Shubham LogisticsTano Capital will invest Rs 80 crore for an undisclosed stake in agri-logistics service provider Shree Shubham Logistics (SSL), a unit of K...
- Tano capital to invest Rs 80 cr in Shree Shubham LogisticsAgri logistics company Shree Shubham Logistics said private equity fund Tano Capital has agreed to invest Rs 80 crore into the company.
- Private equity firm Tano Capital set to pump $20mPrivate equity player Tano Capital is investing close to $20m in Pune-based Virgo Engineers.
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