Tue, Jul 6, 2021 3:38 PM
Wockhardt-led UK pharma firm organises HRH The Prince of Wales visit
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The Indian stock market started July on a strong note, with Sensex and Nifty 50 reaching record highs, led by gains in banking, IT, metals, energy, and realty stocks. Sensex rallied nearly 380 points to 79,855.87.. Three stocks to buy, recommended by Chandan Taparia, are Siemens (target price ₹8,450), REC (target price ₹580), and Birlasoft (target price ₹780).
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Vashu Bhagnani Industries' share price has been volatile, surging 1,168% in the past year and 355% in 2024, taking its market cap to over ₹1,000 crore. However, it has declined 36% in the past six trading sessions following reports of financial stress, with its shares closing at ₹298.85. The company's consolidated profit for FY24 was ₹8 crore, up from ₹2.86 crore the previous year.
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The Greater Noida Authority has launched a scheme to allocate five builder plots, expecting to generate at least Rs 500 crore in revenue and leading to the construction of around 8,000 new flats. The plots, totaling 99,000 square meters, will be allocated through e-auction, with online registration starting from Tuesday and lasting until July 23.
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