Thu, Feb 1, 2024 12:49 PM
Dixon Technologies: Net profit rises 87% to Rs 97 crore
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Unimech Aerospace and Manufacturing Limited, an engineering solutions company, specializes in manufacturing critical parts for various industries, operating in two segments: Aero-tooling and Precision components. With strong growth rates, margins, and reasonable valuation, KR Choksey assigns a "SUBSCRIBE" rating, making it a good investment opportunity.
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SEBI has approved the Burman family's proposed open offer to acquire an additional 26 percent stake in New Delhi-based Religare Enterprises (REL), The Economic Times reported today, citing unidentified sources. Religare's share price surged nearly 3% on Friday, December 20. The stock has climbed approximately 45% in the past year, lifting the company’s market cap to over Rs 10,000 crore.
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Indian markets could see a 10% correction in the first half of calendar year 2025, according to Sandeep Bhatia, Managing Director and Head of Equity India at Macquarie Capital. He said this potential drop is likely to be driven by global factors rather than domestic ones, which marks a change for Indian markets.
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