Hotel Shares: Occupancy rate expected to improve from pre-pandemic levels due to wedding season, G20 summit meetings and arrival of foreign travelers
Sun Pharma's Halol plant received an import alert from the US FDA yesterday, clarifying that there will be no change in revenue guidance for FY23. It will also have no impact on the earnings of the specialty segment. On the other hand, HUL has decided to take 100% stake in OZIVA and 20% in Nutrition lab, showing preparation to enter the health and wellness market.
Paytm Share Price: Paytm's parent company One 97 Communications may take a decision on share buyback. After this information came to the fore, the shares jumped today and reached Rs 542.90 on the BSE with an intra-day jump of 7 per cent.
PhonePe: Walmart Inc's digital payments brand PhonePe is working on a plan to raise $1 billion from General Atlantic and existing investors including Tiger Global Management, Qatar Investment Authority and Microsoft. This fully equity based funding round is expected to close in the next two weeks
Multibagger Stock: Solar Industries India, a leading manufacturer of explosives for industries and military, has also created a lot of bang in the stock market. Its shares have made investors millionaires in 15 years with an investment of just Rs 51,000.
Wipro Share Price: Shares of IT sector giant Wipro have fallen by about 45 per cent this year. IT stocks took a beating this year but Wipro has been overdone
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