Gold Silver Reports (GSR) – DLF Is Said in Talks To Sell Noida, Delhi Assets To GIC Venture – DLF is said to be in final stages of talks to transfer retail assets in Delhi and Noida to the recently formed venture with Singapore-based GIC Pte, Bloomberg reported, quoting a person with knowledge of the matter.
✅ Stock rose as much as 2.7 percent to Rs 1,181.45.
✅ Revenue up 46 percent at Rs 243.5 crore.
✅ Net profit at Rs 47 crore versus Rs 21 crore.
✅ Ebitda at Rs 61.5 crore versus Rs 25.5 crore.
✅ Margin at 25.3 percent versus 15.3 percent.
Gold Silver Reports (GSR) – Indian IT Companies Are Ageing, Says Aswath Damodaran – India’s information technology companies need to adapt in order to grow, as they reach a level of maturity in the market, said Aswath Damodaran, professor of finance at the NYU Stern School of Business
Gold Silver Reports (GSR) – Indian Hume Pipe Jumps After Order Win — Shares of the pipe maker rose as much as 8.9 percent to Rs 368.70, after it bagged a work order worth Rs 108.19 crore from the Gujarat government.
Gold Silver Reports (GSR) – Indian IT Companies Are Ageing, Says Aswath Damodaran — “Indian IT companies are not dying, but ageing”, and companies like Infosys Ltd. need to come to terms with that, Damodaran, adding that only some companies will be able to adapt to the changes.
Shyam Sekhar , Chief Ideator And Founder, iThought ✅ Quality of investors coming in to the market is the risk to the market. ✅ Market looks for sustainability …
Gold Silver Reports (GSR) – ICICI Bank Erases Gains After A Block Deal – Shares of the private sector lender early gains and fell as much 0.8 percent to Rs 289.55. About 20 lakh shares changed hands in a block deal, Bloomberg data showed. Buyers and sellers were not known immediately.