Category: Business News & Economy

Truist raises HP Enterprise stock price target on AI demand

Ceigall India has received a letter of intent for a major transmission system project. This project, valued at Rs 5,300 crore, will be developed in Gujarat. It involves building a substation and transmission lines to evacuate renewable energy. The company will receive annual charges for thirty-five years after execution. This development supports Gujarat’s critical power…

Truist raises Five Below stock price target to $297 on comp growth

Longsys prices Hong Kong listing at HK$236 per share – Bloomberg

French retailer Carrefour has re-entered India through a partnership with Apparel Group. The company plans to open multiple stores across Delhi-NCR in the coming months. They will also expand into the western region by next summer. Carrefour is open to acquisitions to accelerate its growth strategy. The focus remains on profitable expansion and building a…

Truist raises Ollie’s Bargain Outlet price target on margin outlook

FCNR(B) deposits could boost banks’ return on equity despite a mild impact on net interest margins, according to Anand Rathi. Exemptions from reserve requirements, capital-efficient lending and longer tenors could improve returns. The brokerage analysed four scenarios, including deposit costs, leverage and rising rates, to assess the scheme’s benefits.

TechnipFMC stock hits all-time high of 80.55 USD

Nike stock hits 52-week low at $37.97

Smith & Nephew stock hits 52-week low at 28.55 USD