Mon, Feb 5, 2024 3:17 PM
Rakesh Gangwal may offload another tranche of shares in IndiGo soon
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📌 Mirae Asset Capital Markets recommends eight stocks with significant upside potential, including📌 Ashok Leyland, 📌Coforge,📌 Federal Bank,📌 HCL Technologies, 📌Varun Beverages,📌 KIMS,📌 Rainbow Children Medicare, and📌 Uno Minda, driven by their strong market share, order intake growth, solid loan growth, and expansion plans.
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Shares of Anand Rathi Wealth Ltd. surged another 4.5% on Friday, adding to Thursday's 2.7% advance. The stock ended 4% higher for the week, outperforming the Nifty Midcap index which fell 6%, and the Smallcap index, which declined 7% for the week. The stock will be in focus on Monday, January 13, as the company's board will meet to discuss its quarterly results for the October-December period.
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PCBL Chemical Ltd reported a 39.1% year-on-year decline in net profit to ₹93.1 crore for Q3 2024, despite a 21.3% increase in revenue to ₹2,010 crore, with EBITDA growing 13.7% to ₹317.4 crore in the third quarter of this fiscal over ₹279.1 crore in Q3 FY24.. The company declared an interim dividend of ₹5.50 per equity share.
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