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Pakistan is trying to involve the US in its peace efforts with India. Prime Minister Shehbaz Sharif praised Donald Trump's past role. India rejects third-party mediation. An Indian delegation criticized Pakistan's stance on terrorism. They highlighted Pakistan's support for terrorist groups. US Representative Brian Mast endorsed India's right to respond to attacks.
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ICICI Securities maintains a Hold call on Century Plyboards, revising the target price to Rs 743. The company reported a 13% YoY revenue growth in Q4FY25, driven by plywood and MDF segments, though overall margins contracted. While management anticipates strong growth in FY26, ICICI Securities has adjusted EBITDA estimates, citing margin pressures in laminates and MDF.
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India's solar sector is experiencing a surge, driven by decreasing panel prices, prompting industries like Maruti to adopt solar power, reducing long-term costs. Despite potential export revenue margin pressures and reduced government subsidies post-Trump era, India is significantly expanding its solar capacity. Among automakers, M&M presents a strong investment opportunity due to its diverse product range and upcoming EV models.
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