Siddharth Bhamre is bullish on the IT sector. For value investors, this is the time to accumulate these stocks, he tells Moneycontrol, as he share his picks from the IT sector as well as auto, FMCG, cement and bankingfrom Moneycontrol Business News https://www.moneycontrol.com/news/business/makes-sense-to-buy-it-now-eicher-oversold-religareâs-siddharth-bhamrehis-picks_17114401.html
Contrary to the expectations of normalisation in the second half of FY24, the company management remains non-committal on the timing of recovery
Achieving revenue and margin guidance will be a tall ask for the company
"The APTEL today passed an order granting interim relief sought by Tata Power by staying the Maharashtra State Electricity Regulatory Commission#39;s (MERC) revised tariff schedule on MTR (multiple tariff revision) frameworks approved by the Hon#39;ble Maharashtra Electricity Regulatory Commission (MERC)," a company statement said.
As part of the #39;UK-India Hydrogen Partnership Sprint Series#39;, Tata Steel said it will grant 80,000 pounds (Rs 83 lakh) funding for two innovative projects in the low carbon hydrogen segment.
Valuation is fast approaching the pre-pandemic level
A round-up of top newspaper stories to keep you ahead of others.
BPEA-EQT plans to commit nearly 30% of the $11.2 billion Baring Private Equity Asia Fund VIII, according to Jimmy Mahtani, a partner at the firm who is responsible for investments in India.
In a regulatory filing, the company said components like "middle segment and nozzle bucket flange" were manufactured at its facility in Powai, while components like ground and flight umbilical plates were from the company#39;s aerospace manufacturing facility at Coimbatore.