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Cairn India achieves new all-time high on BSE during discussions on stake sale

by Craig Fedirighi
Cairn India achieves new all-time high on BSE during discussions on stake sale

MUMBAI: Shares of Cairn India Ltd on Friday climbed over 5 per cent to hit a record high of Rs 358 on the BSE amid reports that Vedanta Resources is …

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Categories Business

Fin Can tumbles 9% following Rs 38 crore fraud

by Craig Fedirighi
Fin Can tumbles 9% following Rs 38 crore fraud

Can Fin Homes stock fell over 9% on Wednesday after the company reported an over Rs 38-crore internal fraud to stock exchanges. The fraud amount is over a fifth of …

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Categories Business

Analysts raise price targets as TVS Motor reports strong Q1 results

by Craig Fedirighi
Analysts raise price targets as TVS Motor reports strong Q1 results

Mumbai: TVS Motor shares soared to a new high on Tuesday, with the shares surging more than 6% – marking their largest single-day gain since April 2021. The two-wheeler company’s …

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Categories Business

Kotak Bank’s Shares Fall 3.8% on Succession and Valuation Worries

by Craig Fedirighi
Kotak Bank’s Shares Fall 3.8% on Succession and Valuation Worries

Mumbai: Shares of Kotak Mahindra Bank dropped 3.8% on Monday despite June quarter results exceeding expectations. Most analysts marginally raised or retained their price targets on the stock after the …

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Categories Business

Analysts valuing Reliance spin-off Jio Financial Services at Rs 160-190 per share: Stock outlook

by Craig Fedirighi
Analysts valuing Reliance spin-off Jio Financial Services at Rs 160-190 per share: Stock outlook

The financial services business of India’s Reliance Industries will be valued at 160-190 rupees per share, according to estimates by five analysts, with the impending demerger boosting the stock price …

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Categories Business
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