Mon, Feb 26, 2024 3:08 PM
Murudeshwar Cer Consolidated December 2023 Net Sales at Rs 51.04 crore
A Flip by Riya Sharma
Premier Roadlines IPO price band has been fixed in the range of ₹63 to ₹67 per equity share of face value of ₹10 each. Premier Roadlines IPO will open for subscription on Friday, May 10, and close on Tuesday, May 14. The lot size for the Premier Roadlines IPO is 2,000 shares. A minimum of 2,000 equity shares must be applied for, and after that, the shares must be applied for in multiples of 2,000.
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Dhiraj Agarwal, Managing Director of Ambit Investment Managers says there are two key risks to the market rally right now: slowdown in sales growth which puts corporate earnings growth estimates for the current financial year at risk, and strong signs of revival in China, which could pull foreign investments away. The delay in interest rate cuts by the US Federal Reserve.
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Lam Research (NASDAQ: LRCX) has been on a tear since the start of 2023, more than doubling in value in that span of time and setting fresh all-time-highs. And all of this comes in the middle of a downturn for Lam's segment of the semiconductor market. What gives? Lam recently reported financial results for its March 2024 quarter, and on the surface, it didn't appear all that good.
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