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Jefferies Adjusts Petronet LNG's Price Target to INR240 From INR205, Keeps at Underperform

Petronet LNG (NSE:PETRONET, BOM:532522) has an average rating of overweight and mean price target of 317.09 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:532522NSE:PETRONET

Asia58d ago

Captii Narrows Attributable Loss in Q1

Captii (SGX:AWV) narrowed its attributable loss during the first quarter of the year to SG$1,000 from SG$291,000 a year earlier, according to a Wednesday filing with the Singapore Exchange.The technology investment company did not report any earnings or loss per share during the period after posting a loss per share of SG$0.0091 in the prior year.Revenue declined to SG$4.8 million from SG$3.6 million year over year.

SGX:AWV

Asia58d ago

ValueMax Group Issues Shares on Exercise of Warrants

ValueMax Group (SGX:T6I) allotted and issued over 24,900 shares on Wednesday pursuant to the exercise of the same number of warrants for SG$0.36 each, according to a same-day filing with the Singapore Exchange.Following the exercise, the company's share capital has increased to about 946.8 million shares, the filing said.

SGX:T6I

Asia58d ago

Jefferies Adjusts Fanuc's Price Target to 7,000 Yen From 6,800 Yen, Keeps at Hold

Fanuc (TYO:6954) has an average rating of overweight and mean price target of 7,162.38 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

TYO:6954

Asia58d ago

Jefferies Adjusts Marico's Price Target to INR960 From INR900, Keeps at Buy

Marico (NSE:MARICO, BOM:531642) has an average rating of overweight and mean price target of 875.09 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:531642NSE:MARICO

Asia58d ago

Jefferies Adjusts Sobha's Price Target to INR1,450 From INR1,385, Keeps at Hold

Sobha (NSE:SOBHA, BOM:532784) has an average rating of buy and mean price target of 1,872.09 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:532784NSE:SOBHA

Asia58d ago

Jefferies Adjusts Emcure Pharmaceuticals' Price Target to INR1,970 From INR1,780, Keeps at Buy

Emcure Pharmaceuticals (NSE:EMCURE, BOM:544210) has an average rating of buy and mean price target of 1,837.33 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:544210NSE:EMCURE

Asia58d ago

Jefferies Adjusts Larsen & Toubro's Price Target to INR4,885 From INR4,500, Keeps at Buy

Larsen & Toubro (NSE:LT, BOM:500510) has an average rating of overweight and mean price target of 4,487.25 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:500510NSE:LT

Asia58d ago

Jefferies Adjusts Jindal Stainless' Price Target to INR970 From INR1,020, Keeps at Buy

Jindal Stainless (NSE:JSL, BOM:532508) has an average rating of buy and mean price target of 877.50 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:532508NSE:JSL

Asia58d ago

Aditya Birla Real Estate Swings to Profit in Fiscal Q4; Shares Up 4%

Aditya Birla Real Estate (NSE:ABREL, BOM:500040) swung to a profit in the fiscal fourth quarter ended March 31, with a consolidated attributable profit of 108.4 million Indian rupees from a loss of 1.31 billion rupees a year ago.Earnings per share came in at 0.97 rupees from a loss per share of 12.27 rupees a year earlier, the real estate developer said in a filing to the Indian stock exchanges exhanges.Revenue from operations in fiscal Q4, however, fell to 981.9 million Indian rupees from 4.08 billion rupees a year ago.The company's board recommended a dividend of 2.50 rupees per share of 10 rupees each for the year ended March 31.The company's shares were up nearly 4% in recent trade.

BOM:500040NSE:ABREL

Asia58d ago

Jefferies Adjusts Coforge's Price Target to INR1,860 From INR1,620, Keeps at Buy

Coforge (NSE:COFORGE, BOM:532541) has an average rating of overweight and mean price target of 1,658.15 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:532541NSE:COFORGE

Asia58d ago

Jefferies Adjusts Mahindra & Mahindra's Price Target to INR4,000 From INR4,500, Keeps at Buy

Mahindra & Mahindra (NSE:M&M, BOM:500520) has an average rating of buy and mean price target of 4,199.90 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:500520NSE:M&M

Asia58d ago

Jefferies Adjusts Computer Age Management Services' Price Target to INR910 From INR820, Keeps at Buy

Computer Age Management Services (NSE:CAMS, BOM:543232) has an average rating of buy and mean price target of 842.82 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:543232NSE:CAMS

Asia58d ago

Jefferies Adjusts Daiichi Sankyo's Price Target to 3,600 Yen From 4,600 Yen, Keeps at Buy

Daiichi Sankyo (TYO:4568) has an average rating of buy and mean price target of 4,662.67 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

TYO:4568

Asia58d ago

Jinlihua Electric Proposes to Acquire Satellite Mobile Communication Terminal Maker

Jinlihua Electric (SHE:300069) proposed to acquire all or part of Xi'an Zhongke Xiguang Aerospace Technology Group through share placement and cash, according to a Shenzhen bourse filing on Wednesday.Zhongke Xiguang Aerospace manufactures satellite mobile communication terminals.The trading of the Chinese glass insulator manufacturer's shares was suspended until May 20.

SHE:300069

Asia58d ago

Bus Cap Launches Nearly MYR25 Million ACE Market IPO

Bus Cap (KLSE:BUSCAP) is seeking to raise 24.7 million ringgit via a listing on the ACE Market of Bursa Malaysia, according to a Wednesday Malaysian bourse filing.The bus manufacturer's IPO entails a public issue of 107.3 million new shares at 0.23 ringgit each, and an offer for sale of 19.2 million shares.Proceeds will be used for the construction of a new factory, to boost working capital, and to pay off expenses, it said.

KLSE:BUSCAP

Asia58d ago

Capillary Technologies' Consolidated Profit Jumps in Fiscal Q4; Shares Up 6%

Capillary Technologies India's (NSE:CAPILLARY, BOM:544614) consolidated profit surged to 433.6 million Indian rupees in the fiscal fourth quarter ended March 31, from 98.4 million rupees a year ago.Earnings per share climbed to 5.40 rupees from 1.33 rupees a year earlier, the technology company said in a filing to the Indian stock exchanges on Wednesday.Revenue from operations in fiscal Q4 also increased to 1.91 billion rupees from 1.52 billion rupees a year ago.The company's shares were up over 6% in recent trade.

BOM:544614NSE:CAPILLARY

Asia58d ago

Huapont Life Sciences Subsidiary Hit with 46 Million Yuan Fine for Overdue Tax Payments

China's tax regulator imposed a fine of 46.1 million yuan on Huapont Life Sciences' (SHE:002004) subsidiary, Shenyang Xinma Pharmaceutical, for overdue tax payments, according to a Wednesday disclosure on the Shenzhen bourse.The period of the penalties was from between Jan. 1, 2019, and Dec. 31, 2024.The pesticide chemical product manufacturer's shares fell by less than 2% at the close.

SHE:002004

Asia58d ago

Binjiang Real Estate Buys Land for 2.61 Billion Yuan

Hangzhou Binjiang Real Estate (SHE:002244) acquired a land use rights for 2.61 billion yuan, according to a Shenzhen bourse filing on Wednesday.The company bought the land parcel, which has a land area of 32,789 square meters, through a consortium formed by its subsidiary, Hangzhou Binyao Real Estate Development, and Hangzhou Zheji Real Estate.The real estate developer's shares jumped 5% at the close.

SHE:002244

Asia58d ago

Integrated Electronic Systems Lab Chosen As Winning Candidate for State Grid's Bid

Integrated Electronic Systems Lab (SHE:002339) was selected as one of the winning candidates for State Grid Corporation of China's public bidding for 15 packages worth 200.8 million yuan, according to a Shenzhen bourse filing on Wednesday.The packages include substation equipment and meters.The Chinese power automation systems developer's shares jumped by over 3% at the close.

SHE:002339

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