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While the pending exit of the private equity investor in the asset business is an overhang for the stock, the brokerage believes that it provides an attractive entry point, according to the broketage.
Stocks in the news: Laxmi Organic, Craftsman, Jubilant FoodWorks, RVNL, BOI and Canara BankCanara Bank said it is organising an auction of 2,000 borrower properties in its possession on Friday.
from Stocks-Markets-Economic Times https://ift.tt/39e9Cl5
… Read MoreSGX Nifty down 35 points; here's what changed for market while you were sleepingAsian markets were largely mixed on Thursday after global equities dipped and US investors considered which stock market sectors would most benefit from strengthening growth. Hong Kong's Hang Seng index lost 1.07 per cent to … Read MoreInfra king Gautam Adani now looking beyond fossil fuel to cement his group’s futureAdani has plans for defense manufacturing, heeding Modi’s calls to help cut reliance on expensive imports. He is also scaling up production of solar panels and modules, again under Modi’s “Make in India” appeal.
from Stocks-… Read MoreAsian shares wobble in volatile trade as China tech selloff weighsThe U.S. securities regulator is rolling out measures that would kick foreign companies off U.S. stock exchanges if they do not comply with U.S. auditing standards and require them to disclose any government affiliations, whi… Read MorePSU banks to get Rs 19,000 cr Bhushan windfall this weekAlthough JSW had won the bid for Bhushan Power and Steel in 2019, the transaction was pending because of litigation. The Supreme Court recently paved a way for the transaction to get through by directing lenders to return mon… Read More
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