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Shares of Bharat Heavy Electricals Limited (BHEL) rose 3.5% after receiving a Letter of Intent for the BF800 HVDC project from Rajasthan Part I Power Transmission. Additionally, BHEL secured an Rs 8,000 crore order from Maharashtra State Power Generation for a thermal power station project. BHELs shares have offered 264.17% returns over the last three years.
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News and Media
Chandan Healthcare's Rs 107 crore SME IPO will open for subscription on Monday, targeting a listing on the NSE SME platform. The company plans to use the IPO proceeds to set up new diagnostic centres and laboratories in Uttar Pradesh. Chandan Healthcare operates an extensive diagnostic network in North India, providing pathology and radiology services.
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Shares of CMS Info Systems, Disa India, and Symphony are in focus today as these companies set February 11 as the record date for dividend eligibility. CMS Info Systems offers Rs 3.25, Disa India Rs 100, and Symphony Rs 2 per share. Today is the last chance to buy these shares to qualify for the dividends.
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News and Media
Third quarter earnings reports are being released, with key companies like Varun Beverages, Nykaa, Grasim, Eicher Motors, and Apollo Hospitals showing notable performance. Nykaa's revenue growth is projected at 27%, while Grasim Industries is expected to see a 23-30% revenue increase. Analysts will focus on industry trends and competitive landscapes.
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News and Media
Speaking to reporters on Air Force One, Trump said he would announce on Monday 25% tariffs on all steel and aluminium imports into the U.S., and reveal other reciprocal tariffs on Tuesday or Wednesday.
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