By Debdeep Gupta | 29 Apr, 2024
Mid-day Mood | Banking stocks propel market; realty stocks underperform
Banking stocks pushed benchmark indices the Sensex and the Nifty higher on April 29 afternoon. The broader market held on its own, with BSE midcap and smallcap indices rising to 0.4 percent.Around noon, the Sensex was up 682 points, or 0.92 percent, at 74,412.16, and the Nifty was up 148.80 points, or 0.66 percent, at 22,568.80. The market breadth favored gainers, as around 1,872 shares advanced, ...
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parvin 2022-07-14 10:26:03
Foods & Inns stands to receive anywhere between Rs.110cr to 150cr between the period FY 22-23 to FY 26-27 based performance metrics. We are expected to grow it sales at a minimum CAGR of 10% to 15% over FY 22 to FY 27 as per the scheme guidelines to be eligible to receive incentives under Category 1 of the PLI Scheme Under Category 3 approval, it expected to get incentives of 50% of Branding & Marketing expenses incurred abroad over the period of FY 22 to FY 26. These incentives will be in the form of direct bank transfers to the company upon achieving yearly milestones as committed under the scheme
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