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Ace investor Mukul Agrawal significantly reshaped his Rs 7,500 crore portfolio in Q2, adding ten new stocks and increasing stakes in five others. His strategic investments, totaling around 400 crore, span diverse sectors including engineering, technology, renewable energy, and healthcare, reflecting a keen eye for emerging businesses.
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PB Fintech, which oversees the operations of Policybazaar and Paisabazaar, has witnessed a remarkable 165 percent year-on-year growth in net profits, now amounting to Rs 135 crore for the quarter ending in September. This substantial rise was largely driven by strong performances in its insurance division and improved operational practices.
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Steel Authority of India Limited shares dropped on Thursday. The company reported a significant profit decline for the July-September quarter. Total income and sales turnover saw an increase. Earnings before interest, tax, depreciation, and amortization also decreased. Morgan Stanley maintained an 'Equalweight' rating with a target price. The quarter included an exceptional loss.
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News and Media
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