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EV stocks to watch as India’s EV market set to hit $114 billion by 2029, growing at 66.5% CAGR

Trade Brains

billion by 2029, implying a remarkable CAGR of 66.52 Following are a few EV stocks to watch as India’s EV market is expected to reach ~$114 billion by 2029 and grow at a CAGR of 66.5 600 crore ($71 million) from the National Investment and Infrastructure Fund, boosting its valuation to $1.3 billion in 2022 to $113.99

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₹25,689 Cr Acquisition: Pharma stock jumps 4% after signing agreement to acquire JB Chemicals

Trade Brains

The shares of Torrent Pharmaceuticals Ltd have seen positive movement after it signed definitive agreements to acquire a controlling stake in JB Chemicals & Pharmaceuticals from KKR at an equity valuation of Rs 25,689 crore (fully diluted). Also read: EV stocks to watch as India’s EV market set to hit $114 billion by 2029, growing at 66.5%

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ITC Future Plans: Strategic Demerger and Growth of ITC Hotels

Trade Brains

This positive trend is expected to grow at a compounded annual growth rate (CAGR) of 13.96% from 2024 to 2029. billion by 2029. This strategy involves leveraging ITC’s existing strengths, maximizing the use of current assets, and investing selectively to enhance the portfolio. billion in 2024 to USD 475.37 76,518 cr.

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Fundamental Analysis of Mufin Green Finance – Financials & More

Trade Brains

billion by 2029, growing at an impressive CAGR of 66.52%, driven by the global adoption of electric micro-mobility vehicles. The key focus would be on protecting the portfolio and containing the cost. The Indian electric vehicle market is forecasted to reach USD 113.99 Market Cap(Cr) ₹ 3,678.24 Stock P/E 326 RoE (%) 7.7%

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Tata motors vs Mahindra & Mahindra – Who will win the automobile war?

Trade Brains

billion by 2029, at a CAGR of 8.20%. billion in FY29, reflecting a CAGR of 6.70% from 2024-2029. Tata Motors is a leading global automobile manufacturer with a diverse portfolio that includes cars, trucks, buses, and defense vehicles. Also read… Should you buy Trent despite its high valuation? to the GDP.

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Top IT Stocks With High FII Holdings To Add To Your Watchlist

Trade Brains

It has a portfolio of popular internet domains for Online recruitment, Online Real Estate, Online Matrimony, and online educational services. Its business portfolio now comprises the following: Online Recruitment: In this segment, Naukri is the market leader in the online E-Recruitment space. 2029 Cr in FY22. Market Cap (Cr.)