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Using this week\’s cloud event to show that its AI model is enterprise-ready despite recent stumbles in its consumer-facing tools, focus is now turning to this month\’s earnings and a developer\’s conference in May.
So, it does not matter to me whether the company has had a profitability track record for the last two-three years or not, provided I have a visibility for the future.
The shares of Bharti Hexacom will debut on the exchanges on Friday. Based on the GMP trends, the stock is expected to see a healthy listing of around 12-15%.
This fund will be used to repay the debt of Alchemist ARC. In the past, the company had faced various liquidity issues that resulted in defaults of its bank loans and subsequently debt was assigned in favour of an ARC.
Foreign portfolio investors turn net buyers at Rs 2,778 crore on Wednesday after two days of selling. DIIs, meanwhile, bought shares worth Rs 163 crore.
Interest rate-sensitive megacaps gave the tech-heavy Nasdaq a decisive edge. The S&P 500 also closed in positive territory, while the Dow ended essentially unchanged.
This acquisition is in line with the infrastructure yield strategy to generate regular distributions for investors by acquiring quality operating infrastructure assets with strong cash flows and unlocking value through active asset management, the company said in a statement.
Zomato Q3 results: At a consolidated level, Zomato is expected to achieve a reported EBITDA positive of Rs 29.8 crore in the third quarter, compared to a reported loss in the previous quarter. The EBITDA margin is also anticipated to turn positive at 0.6%.
TCS Q4 Results Preview: TCS to release earnings for March with slight improvement expected. Analysts monitor core earnings, profitability, deal wins, and management outlook for FY25 closely after challenging quarters.
DOMS IPO comprises a fresh equity issue worth Rs 350 crore with an offer for sale (OFS) of Rs 850 crore. Under the OFS, promoters Fabbrica Italiana Lapis, Sanjay Mansukhal Rajani and Keta Mansukhal Rajani will offload shares.
Inox India IPO is completely an offer for sale (OFS) of 2.21 crore shares with a face value of Rs 2 each. There is no fresh issue segment in the IPO. The company has fixed a price band of Rs 627-660, where investors can bid for a minimum of 22 shares in one lot. Under the OFS, Siddharth Jain, Pavan Kumar Jain, Nayantara Jain, Ishita Jain, Manju Jain, and Lata Rungta among others will offload shares.
Stating the return ratio on the comeback path, domestic brokerage firm Sharekhan maintained its Buy rating on the stock with a target price of Rs 105, which indicates an upside potential of 17% from the current market prices.