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Goldman Sachs initiates coverage on Tata Group's Trent with a target of Rs 8,000, expecting 27% upside. Zudio's growth potential and Trents steady performance contribute to a positive outlook.
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News and Media
Aarti Industries Share Price: Aarti Industries shares fell 9.3% after reporting a 43% YoY drop in PAT for Q2. Despite a 12% revenue rise, challenges in agrochemical and energy sectors impacted performance.
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News and Media
ITI Share Price: ITI Ltd.'s shares surged 10.3% after the company emerged as the lowest bidder for three packages of the BharatNet Phase-3 project. The total value of these packages, spread across multiple states, is Rs 4,559 crore. This win follows a recent order from BREDA for solar street light systems worth Rs 300 crore.
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News and Media
Biocon Share Price: Biocon shares surged 5.4% after FDA classified its Bengaluru facility as Voluntary Action Indicated (VAI). The stock is up 47.7% YoY, supported by strong technical indicators.
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News and Media
State Bank of India (SBI) Chairman, CS Setty, expressed optimism about achieving a Rs 1 trillion operating profit this year, driven by robust credit growth across sectors like petrochemicals, roads, and renewable energy. The bank aims for a 15% growth in its domestic loan book, reaching Rs 39 lakh crore.
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News and Media
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