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Buy Marico, target price Rs 600: Yes Securities

Updated at : 2021-10-28 09:20:02

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Marico Ltd. key Products/Revenue Segments include Edible Oil, Others, Personal Care, Export Incentives, Scrap for the year ending 31-Mar-2021.

Buy IDFC, target price Rs 61: IIFL

Updated at : 2021-10-28 09:20:02

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IDFC Ltd., incorporated in the year 1997, is a Mid Cap company (having a market cap of Rs 9347.13 Crore) operating in Term Lending Institutions sector.

Shibasish Sarkar, the group chief executive of Reliance Entertainment Pvt Ltd, is in discussions with Anil Ambani to buy the private movie studio and content distribution company owned by the industrialist and his family, as a management buyout (MBO), said people aware of the matter.

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Policybazaar, which started out as a comparison website that generated leads for insurance companies, has evolved into a platform that allows users to search, buy, renew and lodge claims.

Bajaj Finserv, Adani Green, ATGL, NPTC, SBI Cards, DLF, Indigo, Marico, Tata Power, Bajaj Holdings, Gujarat Gas, AU Small Bank, Laurus Labs and Indian Bank will announce their September quarter results today.

A majority of brokerages are positive on Nykaa IPO and have given it a subscribe rating.

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Twitter said monetizable daily active users, its term for users who are served ads, was 211 million during the third quarter, missing analyst estimates of 212.6 million, according to IBES data from Refinitiv.

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Its consolidated revenue from operations surged 26.04 per cent to Rs 2,487.63 crore during the quarter under review. It was Rs 1,973.66 crore in the year-ago period.

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The company has decided to allocate a total of 21,296,397 equity shares to anchor investors at Rs 1,125 a share, aggregating to Rs 2,395.84 crore, according to a circular uploaded on the BSE website.

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Net interest margin (NIM), a key profitability parameter, was at 2.43 per cent, lower than 2.57 per cent seen in the year-ago period.

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