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Three companies namely Adcon Capital Services, Arihant Capital Markets and Aurum Proptech will see stock splits. In the case of Adcon Capital Services, the scrip will be split to face value of Re 1 from Rs 10; for Arihant Capital Markets, the stock of face value of Rs 10 will be split into shares of face value of Re 1 each.

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FDC Ltd. key Products/Revenue Segments include Formulations, Bulk Drugs, Export Incentives, Other Operating Revenue for the year ending 31-Mar-2021.

Except for Maruti Suzuki and TCS, rest all Sensex stocks were trading in the red.

Sensex falls! But these stocks are up over 5% on BSE

Updated at : 2022-04-12 10:25:05

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The BSE Sensex was trading 468.54 down at 58496.03 on Tuesday.

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As of 31-Dec-2021, promoters held 54.92 per cent stake in the company, while FIIs held 16.59 per cent and domestic institutional investors had 0.14 per cent.

JSW Utkal Steel receives environmental clearance

Updated at : 2022-04-12 10:10:03

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The 13.2 million tonnes per annum (MTPA) integrated steel plant is expected to entail an investment of Rs 65,000 crore, the company said. It will be one of the largest manufacturing sites in the country and could take up to 5-7 years to reach its complete planned capacity.

Govt plans framework for fractional shares

Updated at : 2022-04-12 10:10:03

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Drawing upon experience in the US, the government is working on putting in place a framework for fractional shares. The plan is to democratise purchase of stocks in the country. Against the current regime where an investor has to buy at least one share of a company at the trading price, fractional shares allow an individual to put in a fixed sum of money to buy a particular stock.

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Order intake and management commentary, Morgan Stanley said, points to resilience but supply side appears to be a bigger challenge, it said while suggesting a target of Rs 3,900 on TCS stock.

Buy DLF, target price Rs 419: ICICI Direct

Updated at : 2022-04-12 10:10:03

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DLF Ltd., incorporated in the year 1963, is a Large Cap company (having a market cap of Rs 99804.57 Crore) operating in Real Estate sector.

The US market with its headwinds related to increased competitive intensity, pricing pressures and high regulations, has not remained as lucrative as it was five to six years ago. Companies have naturally turned towards tending to the domestic market - the other large piece of their business. The Covid pandemic also made companies aware of gaps and non-core segments in their portfolios.

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