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Hindalco Industries is expected to announce its Q4FY25 earnings, with brokerages predicting a net profit growth between 25% and 55%. Revenue could rise by 4% to 12%, driven by higher aluminium and alumina prices. Axis Securities anticipates a strong performance, with a 29% YoY increase in PAT and a 12% YoY growth in revenue.
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News and Media
Borana Weaves, a Surat-based textile manufacturer, launched its IPO today, aiming to raise approximately Rs 145 crore through a fresh issue of shares. The IPO, priced between Rs 205 and Rs 216 per share, will fund a new manufacturing unit and working capital.
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News and Media
The U.S. dollar faces headwinds from trade uncertainties, rising fiscal debt, and waning confidence in U.S. exceptionalism, leading investors to reduce exposure to U.S. assets. A Moody's credit downgrade and overvaluation concerns have further fueled the dollar's decline, with speculators holding significant net short positions. While some anticipate a potential rebound if the U.S.
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News and Media
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