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Veteran investor Ashish Kacholia reduced his holdings in four companies during the September quarter. He trimmed stakes in Dhabriya Polywood, Fineotex Chemical, Xpro India, and Brand Concepts. This move signals selective profit-taking after strong multi-year gains in these investments. Kacholia's portfolio currently holds 48 stocks valued over Rs 2,739 crore.
				
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Hero MotoCorp shares slipped 3% to Rs 5,382 after reporting a 6.3% decline in October sales for FY26, driven by lower motorcycle and domestic sales. However, scooter and export volumes rose sharply. Citi retained its Buy rating with a Rs 6,100 target, citing festive demand and solid retail momentum.
						
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India's auto sector shows renewed vigor post-GST rate rationalization, with passenger vehicles leading the recovery and two-wheelers showing optimism. Commercial vehicles, however, are expected to take longer to rebound, linked to broader capital expenditure. Meanwhile, investors are advised caution on IPOs, urging a wait for financial clarity post-listing.
						
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