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"Standalone results are better than expected. Domestic and international businesses are well-placed for the next two years. Scale-up of non-auto business to aid in revenue and margin improvement," said the note.

A chart can reveal whatever the analyst wants to see in the chart. If the trader believes that the market is at an all-time high and can’t go any higher due to valuations or any other reason, then he will try to spot a bearish pattern in the charts.

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Promoters held 48.76 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 20.71 per cent and 9.82 per cent, respectively.

In a regulatory filing on Thursday, Sterling and Wilson Renewable Energy said Shapoorji Pallonji and Company Private Limited has proposed to sell up to 23,70,787 equity shares, having a face value of Re 1 each, representing 1.25 per cent of the total issued and paid-up equity share capital of the company.

Greaves Cotton rises 7% on strong June qtr numbers

Updated at : 2022-08-12 14:55:01

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Greaves Cotton on Thursday reported a consolidated Profit After Tax (PAT) of Rs 15.94 crore in the April-June quarter of FY23. The company had posted a loss of Rs 22.48 crore in the corresponding period of the previous fiscal.

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The stock witnessed a similar movement on the NSE, where it started at Rs 49,750, and then touched its 52-week high of Rs 50,350, a rise of 2.73 per cent over its last close.

Buy Trent, target price Rs 1620: ICICI Direct

Updated at : 2022-08-12 14:55:01

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Trent key Products/Revenue Segments include Readymade Garments, Other Operating Revenue and Rent for the year ending 31-Mar-2022.

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A total of 10,850 shares changed hands on the counter till 01:19PM (IST)

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Radico Khaitan Ltd., incorporated in the year 1983, is a Mid Cap company (having a market cap of Rs 12248.53 Crore) operating in Beverages - Alcoholic sector.

Add NHPC, target price Rs 41: HDFC Securities

Updated at : 2022-08-12 14:55:01

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For the quarter ended 30-06-2022, the company has reported a Consolidated Total Income of Rs 2990.86 crore, up 47.58 % from last quarter Total Income of Rs 2026.62 crore and up 15.62 % from last year same quarter Total Income of Rs 2586.91 crore. Company has reported net profit after tax of Rs 1052.86 crore in latest quarter.

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