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2024-11-05 06:30:17| The Economic Times

Pharma and healthcare mutual funds have yielded impressive returns in 2024. The sector benefited from resilience amidst corrections in other sectors and steady growth in the domestic market. Experts suggest a cautious approach to investment due to current valuations. A phased allocation strategy of 10-15% is recommended, with potential for increasing allocation over time.

Category: News and Media

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2024-11-05 06:22:51| The Economic Times

Sagility India raised Rs 945 crore from anchor investors, including prominent mutual funds and institutions, at Rs 30 per share. The company's IPO, entirely an offer-for-sale, opened for public subscription with a price band of Rs 28-30 per share. The IPO aims to raise Rs 2,106.60 crore at the upper end of the price band.

Category: News and Media

2024-11-05 06:20:17| The Economic Times

Raymond's shares climbed 4.5% despite a 63% drop in Q2 profit, driven by strong revenue growth in real estate and engineering. Real estate revenue surged 135% and engineering revenue jumped 121%. The company highlighted project execution and strong domestic demand as key growth drivers.

Category: News and Media

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15.11 US Fed chair Jerome Powell declines to say if he would remain after term expires 15.11 Trump wants to end 'wokeness' in education. He has vowed to use federal money as leverage 15.11 Party of Sri Lanka's new Marxist-leaning president wins majority in parliament 15.11 More Illinois hospitals get A grades for safety; a dozen get Ds 15.11 China's home prices fall fastest in 9 years, but officials see signs of stabilisation 15.11 Concerns in US over growing extremism in Bangladesh, Sheikh Hasina did good job in controlling it: Ex-White House official 15.11 Friday Watch 15.11 Delaware limited liability company paid Ken Griffin $19M for top 2 floors in Near North Side building More »