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Новости за 26.06.2023

India's oilseed exports may grow by 10-15 pc this fiscal: Exporters

Economictimes.indiatimes.com 

Former Chairman Indian Oilseeds and Produce Export Promotion Council (IOPEPC) Khushwant Jain said the order books are good and "we expect healthy growth this year also". Soyabean and groundnut occupy 61 per cent and 23 per cent, respectively of the total kharif oilseeds area, he said adding the planting of sunflower stands at 19.7 per cent and sesame at 12.4 per cent.

PKH Ventures IPO to open for subscription on June 30; price band fixed at Rs 140-148/share

Economictimes.indiatimes.com 

Construction and hospitality firm PKH Ventures plans to raise up to INR379 crore ($50m) through an initial public offering, with 50% of the net offer reserved for the qualified institutional buyer portion. The company will use the proceeds for investment in its construction subsidiaries, inorganic growth through acquisitions, and other general corporate purposes. As of December 2022, PKH Ventures reported revenues of INR125 crore and a profit after tax of INR28.6 crore. Its management services wing... Читать дальше...



12 members of marriage party killed in bus accident in Odisha

Economictimes.indiatimes.com 

Twelve people were killed and seven injured in a head-on collision between two buses in Odisha's Ganjam district. PM Narendra Modi and Odisha CM Naveen Patnaik expressed their condolences and announced ex gratia payments to the deceased's next of kin. Patnaik also promised free treatment to the injured persons.

Tata Consumer Products shares jump 3% after Citi initiates Buy call

Economictimes.indiatimes.com 

Tata Consumer Products' shares rose 3% to Rs 866.2 on Monday, following Citi's initiation of a "Buy" call on the stock with a target price of Rs 1,020. The global investment bank anticipates a consolidated revenue/EBITDA/EPS CAGR of 12%/17%/22% over FY23-26 due to the company’s improved financial metrics and brand strength. In Q4 FY23, the firm reported a net profit of Rs 268 crore, a 23% increase from last year. Its revenue from operations for Q4 also grew 14% YoY to Rs 3,619 crore.


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