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Dolly Khanna held a 3.91 per cent stake or 2,27,252 equity shares of the company as of June 30, 2022, suggests the latest shareholding data.The company had also announced a bonus share issue in the ratio of 1:1, with the ex-date for the same as September 28 and the record date as 29 September.

Taurani said that content remains king and this acceptance will drive producers to make more sci-fi type films in hindi going ahead, along with cost and ROI economics for such large scale films remain to be a key monitorable. He continues to believe that full fledged recovery for box office may take some time, but quality content will help deliver positive surprises just like Brahmastra.

Edelweiss has a buy call on Adani Ports & Special Economic Zone with a target price of Rs 960.As per Trendlyne data, the highest target for Adani Ports & Special Economic Zone goes up to Rs 1,025. Out of 22 analysts covering the stock, 13 of them have a strong buy rating while only one has a sell rating.

For the quarter ended June 30, 2022, the company has reported a consolidated total income of Rs 94524.30 crore, down 12.51 per cent from last quarter total income of Rs 108034.68 crore and up 1.35 per cent from last year same quarter total income of Rs 93266.94 crore.

Investors also followed developments around the looming energy crisis in Europe. European Union energy ministers on Friday tasked Brussels with drafting proposals within a few days to cap the revenues of non-gas energy producers and help power firms stay afloat.​

“We are always trying to maintain the EBITDA margin at 16-17%. We have seen a good drop in the EBITDA margin in the first quarter because of the prices of the raw materials coming down and we had a good stock as well and we could not hike the prices of our final products which were expected to be done by June 15. But now we are hopeful of maintaining this guidance of 16% to 17% EBITDA by the end of this year.”

Between 2003 and 2007, a different breed of investors romanticised individual stocks in the capital goods complex (the index was up nineteen times during that period). However, when the sector peaked in 2008, it took eleven years for the index to come back to the same level. That breed of investors is probably now extinct.

The correction in crude prices was on account of a possible recessionary scenario in the west, weak economic data from China (world’s second largest oil consumer), coupled with anticipated interest rate hikes, hinting at lower fuel demand ahead.

Hindustan Aeronautics, incorporated in the year 1963, is a largecap company operating in the Defence sector. The company’s key products/revenue segments include the sale of services, engineering goods, spares and others, development projects, miscellaneous and other operating revenue for the year ending 31 March 2022.

“It is quite clear that only a fortune teller can forecast whether the market will be 5% higher three months from now or not. For us, the game is very clear; if you have money for three to five years, this is as good a time as any to invest in markets, if you have shorter time frames, I think you need to be probably much more wary.”