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Earnings before interest, taxes, depreciation and amortisation (ebitda) turned positive at Rs 28 crore, excluding the quick commerce business. The company said it aims to achieve net profit on a consolidated level in the next four quarters.
Cummins India hopes to benefit from 5G network rolloutCummins management and analysts believe that the 5G networks require generators to sustain base stations and towers which CIL can produce and export in large numbers. The fact that China and Japan do not produce the kind of g… Read MoreETMarkets Morning Podcast: Nifty expected to climb 200 points further
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… Read MoreStocks in the news: RIL, Pfizer, Axis Bank, IndusInd Bank and Tata Chemicals BofA Securities Europe SA bought 20,70,000 shares of IndusInd Bank from UBS Principal Capital Asia at Rs 891.40 per share.
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… Read MoreSGX Nifty down 55 points; here's what changed for market while you were sleepingNifty50 on Friday took out the 13,250 level for the first time, and ended up forming a bullish candle on the both daily and weekly charts. The index formed higher highs and lows for the fifth session in a row, signalling a bu… Read MoreStocks in the news: NBCC, Jet Airways, Canara Bank, NTPC and Finolex Cables SJVNL has inked a memorandum of understanding (MoU) with Indian Renewable Energy Development Agency (IREDA) for green energy projects.
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