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Hilton to ramp up India property signings; eyes expansion in Ayodhya and other emerging markets April 2nd, 2024 11:27
The global hospitality chain is looking at opportunities in emerging markets including Haridwar and Rishikesh, which will grow on the back of infrastructure development. Hilton#39;s India country head said that the company is expanding in newer markets and sees strong opportunities in Tier II to V cities

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IREDA stock hits upper circuit following strong Q4 business update April 2nd, 2024 11:27
For the quarter ended March 31, IREDA sanctioned loans worth Rs 23,796 crore.

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French pharma major Sanofi plans first-in-class drug launches in India April 2nd, 2024 11:27
To bolster its market presence, Sanofi has entered into distribution agreements with prominent pharmaceutical companies such as Cipla, Dr Reddy’s, and Emcure Pharma

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Sobha Ltd gets Rs 46 crore income tax demand notices; company to file appeal April 2nd, 2024 11:27
The notices were issued by Deputy Commissioner of Income Tax, Central Circle- 1(4), Bengaluru. The notices are related to Assessment Year ( AY) 2016-17 and 2022-23.

Stockarchitect

Stockarchitect

Stockarchitect
Crypto’s memecoin fervor stalls as bets on Fed rate cuts recede April 2nd, 2024 10:27
The prospect of fewer Fed interest-rate cuts is having an impact “across crypto, where there has been a selloff as the week gets underway — no sector is unaffected, especially those where prices have outperformed Bitcoin over last six months, for example memes,” said Stefan von Haenisch, head of trading at OSL SG Pte in Singapore.

Stockarchitect
We are extremely positive on smallcaps; see no stopping in realty stock surge for now: Varun Saboo April 2nd, 2024 10:27
Varun Saboo maintains optimism on real estate, smallcaps, and two-wheelers. Bullish on market dynamics. Textile sector anticipated to recover. Auto sales performance mixed. Caution advised in FMCG sector. Potential in Himadri Chemicals, Praveg for evaluation. Anad Rathi is assigning about 26-27 times multiple which is the middle of the range in which smallcap index trades. 22x to 29x is the range in which they have been trading.

Stockarchitect
IT, bank stocks drag Sensex 150 points lower; Nifty below 22,450 April 2nd, 2024 10:27
Indian equity indices open lower on global cues. IT, financial stocks decline. Companies like ICICI Bank, JSW Steel, Bajaj Finance trade with cuts, while Tata Motors, Titan, Reliance Industries record gains.

Stockarchitect
Buy Marico, target price Rs 625: Motilal Oswal April 2nd, 2024 10:27
Marico Ltd. key Products/Revenue Segments include Edible Oil, Others, Personal Care, Export Incentives, Scrap for the year ending 31-Mar-2023.

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