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CLSA, a prominent brokerage firm, has downgraded its rating for Wipro Ltd., a leading technology services provider, from "outperform" to "hold" just six months after issuing a "double upgrade" for the stock. The downgrade comes despite the brokerage
The Baroda BNP Paribas Energy Opportunities Fund's thematic energy equity scheme aims to deliver long-term capital appreciation by investing in companies engaged in energy-related activities. This includes exploration, production, transportation, and
Shares of Avenue Supermarts Ltd. surged by 15 during morning trading on January 3, following the release of its business update for the October-December quarter of FY2024-25. The DMart operator reported standalone revenue from operations at ₹15
RITES Limited, a leading transport infrastructure consultancy and engineering company, saw its share price rise by 2.12 on January 3, 2025, following a major order win from the Steel Authority of India Limited (SAIL). The shares were trading at ₹2
Citichem India Limited, a speciality chemicals supplier operating since 1992, marked a muted entry into the public markets on Friday, 3rd January 2025. The company, which has established itself as a distributor of organic and inorganic chemicals serv
Delta Autocorp Limited is set to launch its Initial Public Offering (IPO), presenting a book-built issue aggregating to ₹54.60 crore. The IPO combines a fresh issue of 38.88 lakh shares (₹50.54 crore) and an offer for sale of 3.12 lakh shares (
Standard Glass Lining Technology Limited is gearing up to launch its Initial Public Offering (IPO), presenting a book-built issue aggregating to ₹410.05 crore. The IPO consists of a fresh issue of 1.50 crore shares aggregating to ₹210.00 crore an
Quadrant Future Tek Limited is set to launch its Initial Public Offering (IPO), presenting a book-built issue aggregating to ₹290 crore. The IPO consists entirely of a fresh issue of 1 crore shares. The IPO opens for subscription on January 7, 2025
Dynamatic Technologies, a leading manufacturer of hydraulic gear pumps and automotive turbochargers, has emerged as a prominent wealth generator on Dalal Street. Over the past two years, the company’s shares have surged from ₹2,428 to ₹8,502, d
The Microfinance Industry Network (MFIN), a self-regulatory organization for the microfinance sector, has announced the postponement of its plan to cap the number of lenders per borrower. Initially scheduled for an earlier implementation, the cap wil
Mercury Ev-Tech shares witnessed a notable surge of over 5 on January 2, 2025, hitting the upper circuit at ₹99.26 during Thursday's trading session. This rally comes in the wake of the company’s announcement regarding a strategic acquisition of
RailTel Corporation of India, a leading telecommunications infrastructure provider, witnessed a 2 increase in its share price during early trading hours on January 2. The surge followed the announcement of a significant work order from Bharat Coking
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