Fri, Feb 2, 2024 10:08 AM
Stocks in news: IndiGo, Tata Motors, Titan, Paytm, Hero MotoCorp
A Flip by Avya Verma
Puravankara Ltd acquired a 3.63-acre land parcel in Kanakapura Road, Bengaluru, aligning with its strategic vision to expand in key micro-markets. The stock is currently trading at Rs 378.05, down 0.55% from its opening figure. The land parcel has a saleable area of 5.42 lakh sq ft and an estimated Gross Development Value of Rs 700+ crore.
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WhiteOak Capital Mutual Fund launches the Quality Equity Fund, an open-ended scheme aiming to provide long-term capital appreciation by investing in companies with strong fundamentals and sustainable competitive advantages, carrying a very high level of risk and suitable for investors with a high risk appetite and a 7-10 year investment horizon.
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The Reserve Bank of India has lifted supervisory restrictions on Asirvad Micro Finance, a subsidiary of Manappuram Finance, allowing it to resume microfinance and gold loan businesses after implementing remedial actions and committing to fair loan pricing. Motilal Oswal maintains a Neutral rating on Manappuram Finance with a target price of INR205.
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