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Vedanta On the Path of Deleverage: What is the Firm Doing?

18 April 2024

The upcoming FY-25 can be a transformative year for Anil Agarwal-led metals, mining and energy conglomerate, Vedanta Ltd. as it sets clear plans for deleveraging and demerger the business into 6 different units. Business model The Anil Agarwal-led conglomerate has a portfolio of assets among Indian and global companies with metals and minerals – zinc, …

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Nestle in Deep Troubles: Controversy stirs up in baby food

18 April 2024

What Has Happened? In low-income countries where access to nutritious food is already limited, the addition of sugar to baby food worsens the existing health challenges. Babies need healthy, nourishing food to grow and develop properly, but sugar in their diet can lead to a host of health issues, including tooth decay, obesity, and an …

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Amara Raja Energy rallies over 11% on positive outlook for battery sector!

16 April 2024

Today, the shares of Amara Raja Energy & Mobility Limited zoomed over 11%. Additionally, the stock hits a fresh 52-week high mark of Rs 979.05 apiece on BSE. Furthermore, the scrip witnessed a spurt in volume by more than 4.65 times. The company’s current market capitalization stands at Rs 17,726.01 crore. Share Performance: On Tuesday, …

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GQG Increases Investment in Patanjali Foods – Shares Rally Over 5% Today!

16 April 2024

Today, the shares of Patanjali Foods showcased significant strength in the trading session, rallying over 5% with significant volumes. Share Performance At the start of the day’s trading session, the stock opened at Rs 1315.15 per share, compared to the previous day’s closing figure of Rs 1335.50 per share on the BSE. Finally, the shares …

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Overnight Digest: Top 5 mid and small-cap stocks to watch out for April 18

16 April 2024

On Tuesday, the market saw its third consecutive session of decline for the first time in three months. The Sensex dropped significantly by 0.62%, closing at the level of 72,943.68, while the Nifty also experienced a decline of 0.56%, ending at 22,147.90. Among the top performing sectors were Nifty Media, Nifty FMCG, Nifty Pharma, and …

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Aditya Birla Capital Launches D2C Platform ABCD for Digital Transformation

16 April 2024

On April 16, 2024, Aditya Birla Capital (ABC), in an exchange filing, announced the launch of an omnichannel ABCD D2C platform to significantly accelerate its digital transformation journey. The diversified financial services conglomerate Aditya Birla Capital announced the launch of the omnichannel D2C platform ABCD, making “Everything Finance as Simple as ABCD”. Aditya Birla Capital …

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Top 3 stocks trading below Rs 100

16 April 2024

These three equities gained significantly with price and volume activity during Tuesday’s trading sessions, indicating potential bullish action. Here’s an in-depth look. Dhani Service Ltd  Dhani Services Ltd’s share price jumped sharply today, closing at Rs 48.6, up 16.83% from the previous close of Rs 41. The trading volume was high, reaching 41,676,754 shares. Currently …

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Infosys Completes Seamless Tech Separation For Team Global Express

16 April 2024

On April 16, 2024, Infosys, a global leader in digital consulting and services, announced the successful completion of a complex technology separation project for Team Global Express, an Australian express logistics business. This strategic move involved separating Team Global Express’ technology infrastructure from that of its former parent organisation. Leveraging expertise from Infosys Cobalt, a …

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Share Market Pre Open Updates – April 16, 2024

16 April 2024

On April 15, 2024, Nifty 50 was down 1.10% to 22,272, while Sensex slipped 1.14% to 73,399. Foreign investors sold securities worth around ₹3,268  crores, while domestic investors bought shares worth ₹4,762 crore.  Top Gainers and Losers Nifty Oil & Gas witnessed gains during the trading session while Nifty Media, Nifty PSU Bank, Nifty Financial …

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Overnight Digest: Top 5 mid and small-cap stocks to watch out for April 16

15 April 2024

On Monday, the market ended at its lowest point in two weeks due to concerns about geopolitical tensions. The main stock indices dropped by more than 1%, with other market segments experiencing even larger declines. The Sensex fell by 1.14% to close at 73,399.78 points, while the Nifty also decreased by 1.1% to reach 22,272.50 …

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