Mon, Jan 25, 2021 8:10 PM
ICICI Securities Q3 PAT almost doubles to Rs 267crore
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Cash volumes in India’s equity markets surged about 10% to a six-month high in May from levels in the previous month as investor participation widened, driven by the recent market rally, analysts said. The Indian markets responded positively to a range of recent macroeconomic improvements, including a possible peaking of interest rates and a favourable balance of payments.
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A close look at the S&P BSE 500 companies has found that at least 45 of them have the potential to generate an additional wealth of Rs 68,900 crore for their shareholders, according to a study by IiAS. This evaluation takes into consideration the financial statements of FY22 and incorporates announced acquisitions and capital expenditure after the balance sheet date.
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Toyota Motor Corp's global sales rose by nearly 5% in April from a year earlier, boosted by stronger demand for hybrids and gasoline-powered cars in Japan and China. The Japanese automaker also reported better overseas sales of battery electric vehicles (EVs), bringing the total number of battery-powered units it sold in the first four months of the year above last year's level.
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