Category: Business News & Economy

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Indo-MIM shares debuted at nearly a 45% premium over the IPO price, delivering strong listing gains to investors. While experts remain positive about the company’s long-term growth prospects, they recommend partial profit-booking after the sharp rally, citing rich valuations and the possibility of near-term consolidation.

Madhusudan Kela-led Singularity Equity Fund I acquired 5.27 lakh shares of TIL through a bulk deal worth Rs 11.78 crore. The PMS fund bought the shares at an average price of Rs 223.72 apiece, around 15% below the stock’s closing price of Rs 262.48 on Wednesday.

Dabur India shares dropped over 4% on Thursday after reporting Q1 earnings. The company announced a 15% rise in net profit and 11% revenue growth. Brokerages noted steady performance, with home and personal care leading segment growth. Dabur expects double-digit revenue growth and improved margins for the fiscal year. Key monitorables include demand recovery, commodity…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…