SoftBank Group Corp.

Equities

9984

JP3436100006

Wireless Telecommunications Services

Delayed Japan Exchange Other stock markets 09:07:44 2024-04-25 pm EDT			5-day change	1st Jan Change
7,722 ^JPY	+1.57%		+0.86%	+22.58%

Apr. 25	India's FirstCry set to withdraw $500 million IPO papers after regulatory scrutiny	RE
Apr. 25	Tech shares drag Japan's Nikkei lower	RE

Ola Electric to produce electric cars in India in 2024

August 15, 2022 at 05:26 am EDT

NEW DELHI (Reuters) - Softbank Group-backed (9984.T) Ola Electric will produce electric cars in India in 2024 with a range of up to 500 km (310 miles), Chief Executive Bhavish Aggarwal said on Monday.

"This is the most ambitious car project ever undertaken in India," Aggarwal said while announcing the plans at a virtual event coinciding with India's Independence Day.

(Reporting by Manoj Kumar; Editing by David Goodman)

Latest news about SoftBank Group Corp.

India's FirstCry set to withdraw $500 million IPO papers after regulatory scrutiny	Apr. 25	RE
Tech shares drag Japan's Nikkei lower	Apr. 24	RE
SoftBank Set to Invest $960 Million to Create Japanese-language Specific AI Model	Apr. 23	MT
SoftBank Group Sets Terms for Corporate Bonds Worth 100 Billion Yen	Apr. 22	MT
India's Ola Cabs plans $500 mln IPO, to appoint banks soon, sources say	Apr. 19	RE
SoftBank Group to Pay Final Dividend for Fiscal 2024	Apr. 18	MT
Japanese Shares Recover Amid Broad-Based Climb, But Tech Stocks Limit Gains	Apr. 18	MT
Adam Neumann moves to buy back WeWork as it seeks funds to exit bankruptcy, FT reports	Apr. 18	RE
Japan's Nikkei set for fourth losing session as chip stocks weigh	Apr. 17	RE
Millennium Services Group Shareholders Vote for SoftBank Robotics Takeover	Apr. 17	MT
India's Ola Electric cuts cheapest e-scooter prices by as much as 12.5%	Apr. 15	RE
Japan's Nikkei rises as tech shares track US peers, Fast Retailing weighs	Apr. 11	RE
ValueCommerce to Become an Equity Method Affiliate of LY Corp After Tender Offer	Apr. 10	MT
Nvidia, Amazon Commit $25 Million Each in AI Partnership With University of Washington, University of Tsukuba	Apr. 10	MT
India must keep e-scooter subsidies to boost adoption, Ather CEO says	Apr. 06	RE
Japan's Nikkei slumps in worst week since Dec 2022 as tech tumbles	Apr. 05	RE
Japan's Nikkei set for worst week since Dec 2022 as tech tumbles	Apr. 04	RE
Japan's Nikkei slumps 1% as Uniqlo owner tumbles on sales drop	Apr. 02	RE
India's Swiggy records $200 million loss, document shows, as it plans IPO	Mar. 28	RE
SoftBank-backed Rappi to invest $110 mln to boost Mexico operations	Mar. 27	RE
Software industry calls for more UK Government support	Mar. 27	RE
Lemonade, Inc: 180-degree pivot	Mar. 26
Nomura Adjusts Softbank's Price Target to 12,150 Yen to 11,750 Yen, Keeps at Buy	Mar. 22	MT
Once burnt, investors curb enthusiasm for India's startups	Mar. 22	RE
Elliott in talks to combine Italian bad loan business with that of Softbank	Mar. 21	RE

Chart SoftBank Group Corp.

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Company Profile

SoftBank Group Corp. is one of the largest telecommunications operators in Japan. Net sales (not including sold divisions) break down by activity as follows: - fixed and mobile telecommunications services in Japan (92.2%; SoftBank): fixed and mobile telephony services, broadband transmission services, data transmission services, sales of handsets and accessories, etc.; - design and development of microprocessors and Internet of Things solutions (3.7%; Arm); - other (4.1%). Japan accounts for 92.3% of net sales.

Sector

Wireless Telecommunications Services

Calendar

2024-05-12 - Q4 2023 Earnings Release

Related indices

Nikkei 225

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Ratings for SoftBank Group Corp.

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Investor Rating

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

7,603 JPY

Average target price

9,852 JPY

Spread / Average Target

+29.58%

Consensus

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Quarterly earnings - Rate of surprise

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Sector Other Wireless Telecommunications Services

	1st Jan change	Capi.
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TAIWAN MOBILE CO., LTD.	+3.96%	9.45B
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Other Wireless Telecommunications Services