Fri, Feb 9, 2024 5:17 PM
Indo Rama Synth Consolidated December 2023 Net Sales at Rs 940.10 crore!
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Nifty FMCG surged over 2% as brokerage firm CLSA made consumer staples its largest "overweight" sector in its India portfolio, citing government priorities and good rainfall. CLSA's Vikash Kumar Jain expressed a bullish view on food-related companies, adding to the sentiment. Domestic brokerage Ambit Capital also maintained its buy rating on Marico and Tata Consumer.
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Shares of specialty chemical players--SRF and Navin Fluorine zoomed about 12 percent each on January 9 following reports of a hike in prices of refrigerant gases in the US. With gains in today's session, both the stocks have extended their upmove to the third day in a row. At 09.46 am, shares of Navin Fluorine were trading at Rs 3,887.90 on the NSE.
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Parmeshwar Metal IPO listing: Parmeshwar Metal shares made a strong debut on Thursday, January 9, listing at ₹84.5 on BSE SME, a premium of 38.52 percent from issue price of ₹61.Parmeshwar Metal’s SME IPO, valued at ₹24.74 crore, was open for subscription from January 2 to January 6. The Parmeshwar Metal’s IPO price band stood in the range of ₹57-61 per equity share.
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