Ajmera added that to achieve the goal, the company is targeting at least 25-30% growth each year in terms of volumes, sales, and profitability. While he did not specify a timeline, he said it may stretch beyond five years.
The Mumbai-based company's m-cap stands at ₹4,015.61 crore (about $472 million). In 2024 so far, its stock has surged 148% to ₹1,112.15.
The family-run real estate firm plans to invest ₹2,300 crore generated from internal cash accruals over the next three to four years in acquisitions, JVs, joint development agreements (JDAs), and society redevelopment opportunities.
Bu hikaye Mint Kolkata dergisinin December 20, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Mint Kolkata dergisinin December 20, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Fitch Cuts Adani Energy's Outlook
Fitch Ratings cut the outlook on Adani Energy Solutions Ltd to negative on concerns that US investigations could reveal that the group's corporate governance practices are weaker than its expectation.
Spotify's Challenge: Turning a Profit
The Swedish music streaming firm has built an army of subscribers in India. Now it needs to make them count
CleanMax, Osaka Gas Announce JV
Brookfield-backed firm CleanMax on Monday announced a joint venture partnership with Osaka Gas Group to develop a 300 megawatts (MW) renewable energy portfolio entailing an investment of ₹1,500 crore.
Spam Call Rules on Hold as CCPA Sees Progress
The CCPA's move comes a year after a stakeholders' meeting was held in March 2024, where punitive action was proposed against firms for violating privacy and breaching consumer rights.
Market Indices Flashing Red Shouldn't Stop IPOs
India's stock market correction has slowed share issuance down. Risk-off investor behaviour; however, does not mean value offers will be overlooked. Confident issuers should go ahead
Retail inflation likely eased to 3.9% in Feb
India's retail inflation likely eased further to 3.9% in February from 4.3% in the previous month, driven by a continued decline in food prices, according to a Mint poll of 25 economists.
For smooth menopause, regular exercise is key
From improving bone density to regulating oestrogen levels, being physically active is good for menopausal women
Govt seeks House nod for ₹51,400 cr extra spending
The amount will mainly be used for fertilizer, food and cooking gas subsidy, defence pension
Game of fortunes: Chasing sporting glory
Breaking the bank to break records is the harsh reality for Indian athletes and their families to fund a professional sports career with little state support
Godrej Mulls More Price Hikes for Soaps
Godrej Consumer Products will keep raising prices of its soaps gradually to protect margins amid rising palm oil prices, the consumer goods maker's top boss said on Monday.
