Fri, Dec 15, 2023 5:44 PM
Stocks with ‘hockey-stick returns’: SRF, Tata Elxsi among top names!
A Flip by Avya Verma
Shares of Billwin Industries Ltd will be in focus when the stock market opens on April 29 (Monday).The Board of Directors of Billwin Industries has declared rights issue of equity shares for the eligible shareholders. The company has fixed April 29, 2024 as the record date for the purpose of determining the eligibility of equity shareholders to receive the rights entitlement.
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A recovery is in the offing in India’s telecommunications sector, with potential tariffs hikes and a shift to high-speed networks set to bolster revenue, according to a top-performing fund manager.“We are likely headed for a large hike in tariffs,” said Niket Shah, chief investment officer at Motilal Oswal Asset Management Co.
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Indian benchmark equity indices opened higher on Monday, buoyed by gains in their Asian peers, with ICICI Bank leading the surge on the back of robust Q4 results, alongside other financial stocks.The BSE Sensex was rose 412 points at 74,149. Nifty50 was trading at 22,513, up 93 points at around 9.28 am.
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