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#ETReports | #Swiggy keen to take delivery of #Metro business. Take a look at the other contenders in fray

#MarketsWithETNOW #Reliance
#ETReports | India is an attractive investment opportunity: GoldmanSachs CEO David Solomo
#India #StockMarket #Investment
#CNBCTV18Market | GAIL recovers nearly 2.5% from lows
EUROPEAN MARKET TO OPEN IN GREEN (FUTURES)
Big growth numbers

Allcargo growth

2021 Revenue:- 10,498
2022 Revenue:- 20,072

2021 Profit:- 173
2022 Profit:- 926

Margins hitting 5 years high
AARTIIND has grown EBIT by ~35% in FY22 adjusted for termination income.

Capitalized close to 2700Cr CAPEX in last 2 years, another 1500Cr worth in the pipeline in FY23.

USFDA Approved API Plant to come on stream in Q1FY23.

2nd Long term contract plant commenced in Q4FY22.

#guidance #aartiind

Via Saket Reddy
From the brink of collapse, India’s third-largest telco has miraculously held on. And now Vi is admittedly close to raising Rs 20,000 crore, and one of the investors could likely be Amazon.
But why is Amazon interested in Vi? On a quarter-on-quarter basis, Vi’s revenue and EBITDA inched up 5.4% and 21.8% respectively, for the quarter ended March 2022. It also gained 1.1 mn 4G subscribers, bringing its 4G subscriber count to 118.1 million, or 48.4% of its total subscriber base.In 2020, Amazon was looking to invest in Airtel, but Airtel ended up with a promise from Google for a $1 billion investment. Google along with Meta have invested in Reliance-owned Jio. And Jio also has a partnership with Microsoft.That leaves Amazon, the only major cloud giant, without a telco partnership, and Vi, the only telco with no big investments from big tech. via The Ken
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#OnCNBCTV18 | Profitability & margin will improve significantly due to turning around of brands. May take price hikes once again around August-September, says Kulin Lalbhai of Arvind Fashions
#CNBCTV18Market | M&M surges to record high after strong Q4
#CNBCTV18Market | GAIL recovers nearly 2.5% from lows
#4QWithCNBCTV18 | No communication from the govt on the windfall tax issue, do not think windfall tax will be levied

Plan to increase production by 20% by 2025

@ONGC_ says
#CNBCTV18Market | Ashok Leyland sees a sharp fall, more than 2% off highs
#OnCNBCTV18 | Dharwad packaging business should give ₹500 cr of topline. FY22 revenue growth of 47% was driven by 30% volume growth & balance by higher realisations, says Rajesh Bhatia of Uflex