Latest news with #INR1


Business Insider
11-08-2025
- Business
- Business Insider
TBO Tek Ltd. (TBOTEK): New Buy Recommendation for This Technology Giant
In a report released today, Prateek Kumar from Jefferies maintained a Buy rating on TBO Tek Ltd., with a price target of INR1,625.00. The company's shares closed last Friday at INR1,359.70. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Kumar covers the Basic Materials sector, focusing on stocks such as Ramco Cements Limited, Shree Cement Limited, and ACC Limited. According to TipRanks, Kumar has an average return of 7.7% and a 62.07% success rate on recommended stocks. Currently, the analyst consensus on TBO Tek Ltd. is a Moderate Buy with an average price target of INR1,672.50. The company has a one-year high of INR2,000.00 and a one-year low of INR985.70. Currently, TBO Tek Ltd. has an average volume of 11.48K.


Business Insider
10-08-2025
- Business
- Business Insider
Life Insurance Corp. of India (LICI) Receives a Buy from Citi
In a report released on August 8, Dipanjan Ghosh from Citi maintained a Buy rating on Life Insurance Corp. of India, with a price target of INR1,370.00. The company's shares closed last Friday at INR912.95. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Ghosh covers the Financial sector, focusing on stocks such as Kfin Technologies Limited, Life Insurance Corp. of India, and Nuvama Wealth Management Limited. According to TipRanks, Ghosh has an average return of 4.6% and a 57.14% success rate on recommended stocks. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Life Insurance Corp. of India with a INR1,144.86 average price target, representing a 25.40% upside. In a report released on August 8, J.P. Morgan also maintained a Buy rating on the stock with a INR1,071.00 price target. Based on Life Insurance Corp. of India's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of INR2034509900 thousand and a net profit of INR110.09 billion. In comparison, last year the company earned a revenue of INR2138761379 thousand and had a net profit of INR94.69 billion


Business Insider
10-08-2025
- Business
- Business Insider
Voltas Limited (VOLTAS) Receives a Hold from Investec
Investec analyst Aditya Bhartia maintained a Hold rating on Voltas Limited today and set a price target of INR1,140.00. The company's shares closed last Friday at INR1,304.90. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Bhartia is an analyst with an average return of -0.7% and a 50.00% success rate. Bhartia covers the Consumer Goods sector, focusing on stocks such as Asian Paints Ltd., Crompton Greaves Consumer Electricals Ltd., and Polycab India Ltd.. Currently, the analyst consensus on Voltas Limited is a Hold with an average price target of INR1,311.43. The company has a one-year high of INR1,946.20 and a one-year low of INR1,172.20. Currently, Voltas Limited has an average volume of 62.68K.


Mint
09-08-2025
- General
- Mint
6 out of 10 of flyers report baggage weight discrepancies at airports: Survey
Amid reports of passengers alleging the weighing machines at IndiGo's check-in counters show different weights for the same bag, a recent survey showed that 6 in 10 flyers report baggage weight mismatch. According to the survey, several air passengers make at least a kilogram allowance when planning to check in luggage at the airport. It added that airport weighing machines rarely show the same weight as seen at home. Earlier on 5 August, an IndiGo passenger, Rattan Dhillon, shared on 'X' how the same luggage showed different results on three weighing machines at the Delhi airport. Stating that he had to pay ₹ 11,900 for extra baggage, including ₹ 1,500 just for carrying an umbrella, Dhillon wrote, 'One of the biggest unnoticed scams by IndiGo is the inconsistent weighing scales at their check-in counters. Yesterday, while boarding flight 6E724 from Goa to Chandigarh, my bag showed 18 kg on one belt, 16 kg on another, and 15 kg on a third. When I questioned the discrepancy, the IndiGo staff simply replied, 'Sir, the 15 kg machine must be wrong, 18 is the correct weight.' Seriously? What's the justification for this? I ended up paying INR11,900 for extra baggage including INR1,500 just for carrying an umbrella!" "To verify, I even weighed the same bag at my hotel, and it was exactly 15 kg proving that their belts inflate the weight by 2-3 kg.' Dhillon wrote on the social media platform. Also, in a similar instance, Daksh Sethi in February discovered a 2.3 kg difference for the same bag between two adjacent weighing scales when he checked in for his IndiGo flight at Shaheed Bhagat Singh International Airport in Chandigarh. He documented the discrepancy through an Instagram post. To find out whether discrepancy in luggage weight during check-in is a rare thing or not, a survey by LocalCircles reached out to over 36,000 responses from airline passengers located in 289 districts of India. The survey consisted of 68% respondents as men and 32% respondents women. Also , 45% of respondents were from tier 1, 30% from tier 2 and 25% of respondents were from tier 3, 4, 5 and rural districts, added the survey. On being asked the number of times the airline staff weighed the bags to be heavier than what was weighed at home, 6 in 10 airline passengers said they have had one or more instances in last 3 years. When asked how many times the airline staff in India an airline staff weigh their carry-on luggage and found the weight to be higher than what their weighing scale at home indicated, 6 in 10 airline passengers said they have had one or more instances in last 3 years. Summarising the survey, LocalCircles said, 'in the last 3 years, 6 in 10 airline passengers surveyed say they have had one or more instances where the airline staff weighed their carry-on baggage to be higher in weight than at home.' It added, "40-50% of those surveyed have faced this issue much more – anywhere between 3 -10 times- indicated that there is considerable room for authorities to probe and take corrective action. The airlines must be taken to task if they continue to use this underhand method to make extra money." The survey suggested that all commercial weighing scales should have a valid calibration from a National Accreditation Board for Testing and Calibration Laboratories (NABL) accredited lab. It added that all commercial weighing scales should be made mandatory to show a calibration record and validity sticker on each airline weighing scales, including those used on all Airports Authority of India (AAI) airports. LocalCircles is one of India's Community Social Media platform that enables citizens and small businesses to escalate issues for policy and enforcement interventions. They also enable the Government to make policies that are citizen and small business centric


Business Insider
03-08-2025
- Business
- Business Insider
New Buy Rating for ACC Limited (ACC), the Basic Materials Giant
In a report released on August 1, Prateek Kumar from Jefferies maintained a Buy rating on ACC Limited, with a price target of INR2,170.00. The company's shares closed last Friday at INR1,794.60. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Kumar is a 3-star analyst with an average return of 8.6% and a 65.38% success rate. Kumar covers the Basic Materials sector, focusing on stocks such as ACC Limited, Ambuja Cements Limited, and Dalmia Bharat Ltd.. In addition to Jefferies, ACC Limited also received a Buy from J.P. Morgan's Sanjay Mookim in a report issued on July 25. However, on July 24, Morgan Stanley maintained a Sell rating on ACC Limited (NSE: ACC).