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2025-02-21 05:45:12| The Economic Times

Shares of JSW Energy rose by 4.8% after Morgan Stanley gave an 'overweight rating' with a target price of Rs 545. The brokerage cited strong market share gains and projected an EBITDA CAGR of 24% for FY24-28. JSW Energy's renewable energy segment is expected to grow EBITDA by 52%. Despite recent profit declines, the stock showed a modest yearly increase.


Category: News and Media

 

2025-02-21 05:42:25| The Economic Times

Meanwhile, the US dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 per cent higher at 106.41.


Category: News and Media

 

2025-02-21 05:01:39| The Economic Times

JM Financial shares surged 4% to hit an intraday high of Rs 108 following the announcement of a Rs 230 crore tax refund from the Income Tax Department of India. This refund pertains to the assessment year 2008-09 and will positively impact the company's financials.


Category: News and Media

 

2025-02-21 03:49:58| The Economic Times

Shanmuga Hospital is set to be listed on the NSE SME platform, indicating a moderate premium. The IPO funds will enhance medical equipment and general purposes. With advanced medical infrastructure and accreditation, the hospital provides comprehensive and affordable healthcare services, aiming for continuous improvement and wider reach through collaborations.


Category: News and Media

 

2025-02-21 03:48:10| The Economic Times

Royalarc Electrodes' IPO saw a subscription of 1.6 times, debuting on the NSE SME platform today with no grey market premium. Founded in 1996, the company manufactures welding consumables and trades ancillary products. Their advanced facility in Gujarat ensures high-quality standards, supported by a skilled team of 144 employees.


Category: News and Media

 

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