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With the expected timely execution of these ship-building contracts and increasing contribution in ship repair segment, CSL has strong earnings visibility for the coming years.

Assocham President, Ajay Singh, says that while the RBI has done well in controlling inflation and external shocks, interest rates should be moderated to prevent any adverse impact on sectors such as autos and housing. Singh wants RBI to consider signalling that the period of growth of interest rates is coming to a close now.

The 30-share Sensex was trading at 59,353.46 up by 247.02 points or 0.42% while the Nifty50 was up by 69.50 points or 0.40% at 17,467.55 in early trade.

​The tax is now below a billion dollars on a total of 7000 to 10000 crores and if you look at the overall impact the domestic oil production is capped approximately at the current production level below 15%.

Westlife Foodworld, incorporated in the year 1982, is a Mid Cap company (having a market cap of Rs 10762.71 Crore) operating in Tourism & Hospitality sector.

The stock quoted a 52-week high price of Rs 4606.0 and low of Rs 3185.1.

The Street is worried about the risks of recession and potential cut in FY24 revenue. However, sharp decline in attrition has greatly reduced margin headwinds from war for talent. Cross-currency tailwinds (USD depreciating against USD/GBP) are expected to be significant this quarter, thereby boosting reported revenue growth.

Promoters held 51.34 per cent stake in the company as of 31-Dec-2022, while FII and DII ownership stood at 19.38 per cent and 17.12 per cent, respectively.

Nuvama Institutional Equities maintained a buy rating on Aarti Industries with a target price of Rs 776. “We recently visited a plant of Aarti Industries (AIL) and interacted with its management,” said the note.

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