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News Updates - BONFIRETRADER

Disclaimer :- We are not registered stock traders of SEBI. All the information for assistance /observations purpose only and shall not be taken as sole basis for making any investment decisions. Everything is for educational purpose only

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LT Foods stock rises over 6% after the company says it expects £100 million in revenue in five years through a new UK facility https://www.cnbctv18.com/market/lt-foods-share-price-new-uk-facility-revenue-outlook-100-million-pounds-five-years-19442373.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
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LT Foods expects £100 million revenue in five years through new UK facility; Stock rises 6% - CNBC TV18

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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UBS downgrades ABB India to 'Neutral', sees limited upside despite strong earnings - CNBC TV18

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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Buy or Exit — Angel One shares are down 42% from their peak; What should one do? - CNBC TV18

Angel One had made a record high of ₹3,900 in January this year and has nearly halved since then. 

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