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Bank of Maharashtra announced a net profit of Rs 1593 crore for Q1 June 2025, marking a 23% year-over-year increase. Total income rose by 16% to Rs 7879.18 crore, although other income saw a slight decrease. Asset quality remained stable with gross NPA at 1.74% and net NPA at 0.18%.
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The company's future remains uncertain as it posted losses of 1.65bn for the previous financial year.
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JM Financial has initiated coverage on Kalyan Jewellers with a buy rating, setting a target price of Rs 700. This optimism stems from Kalyan's strategic store expansion, improving financials, and the favourable trends in India's jewellery sector.
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News and Media
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