Fri, Sep 6, 2024 6:38 PM
Bank of America accused by whistleblower of sharing nonpublic information
A Flip by Shubhangi Gupta
The Adani Group is witnessing a steady rise in interest from mutual funds, with net buying in August crossing ₹4,200 crore — a significant increase compared to ₹2,000 crore in July and even larger jumps from ₹990 crore in June and ₹880 crore in May. Mutual funds have been net buyers across eight of the group's listed entities, with only ACC seeing marginal selling.
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The shares of Eraaya Lifespaces Limited were locked in a 5 per cent upper circuit to Rs 1,620.20 per share from its previous closing of Rs 1,543.05. The stock also made a fresh 52-week high of Rs 1,620.20 per share and its 52-week low is Rs 26.29 per share. stock. In the recent trading sessions, the stock has been hitting back-to-back upper circuits (the 15th upper circuit today).
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Motilal Oswal's research report on JSW Steel: The domestic steel demand is expected to be robust, driven by significant capex toward infrastructure development. The capacity expansion of JSW Steel (JSTL) is on track, positioning it well to capitalize on emerging opportunities. We expect +9% YoY (26mt) volume growth in FY25 and +8% YoY (28mt) in FY26E.
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