News Updates - BONFIRETRADER
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LT Foods has made an initial investment of £7 million in the aforementioned new facility set up in the UK, and has committed to invest another up to £50 million over the upcoming years.
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Despite strong earnings and favourable market conditions, UBS does not foresee a significant upside to the stock price further based on valuation re-rating though the brokerage has raised its target price (TP) for the stock to ₹9,100 from ₹8,830 apiece earlier. This indicates an upside of over 7% from Thursday's closing level of ABB India shares at ₹8,454.45 apiece on the BSE.
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Angel One had made a record high of ₹3,900 in January this year and has nearly halved since then.
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