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Amwill Healthcare's shares will debut on the BSE SME platform with an IPO price of Rs 111 each. The IPO saw moderate investor interest, driven by institutional support. Amwill focuses on derma-cosmetic products, outsourcing manufacturing and distribution to third parties. Indias $14 billion beauty industry is growing rapidly due to online sales and a trend toward personalised products.
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News and Media
The third quarter earnings season sees key companies like Ashok Leyland, Siemens, and others announcing results. Ashok Leyland is predicted to witness a minor revenue decline while showing a profit increase. Siemens is expected to report significant growth in both revenue and profit, boosted by its Gas & Power and Mobility segments.
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News and Media
Benchmark indices fell over 1% due to ongoing foreign fund withdrawals and new US tariffs. Stocks like Vodafone Idea, IRCTC, and HAL saw declines of 4%, 3%, and 3.6%, respectively. Riyank Arora, a Technical Analyst, advises cautious trading with specified stop losses for these stocks, highlighting their current support levels and potential upward targets.
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News and Media
The RBI had prohibited IIFL from March to September 2024 from sanctioning, disbursing, or selling any of its gold loans citing certain supervisory concerns.
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The Securities Appellate Tribunal (SAT) order was crystal clear on every allegation made. The Sebi, of course, has the right to investigate, and they should. I fully stand by the law of the land and will comply with whatever the regulator ultimately decides.
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News and Media
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