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​Shares of wires and cables manufacturer Polycab India have zoomed 65% to a new all-time high of Rs 6,242 since January’s low of Rs 3,801 when the stock made headlines due to an IT raid. On Wednesday, the shares surged nearly 8% on BSE.

Real estate developer Ajmera Realty & Infrastructure has reported 44% on-year increase in net profit for the financial year 2023-24 at Rs 103 crore on the back of robust growth in bookings.

Other major crypto tokens such as Solana (7%), Toncoin (12.1%), Dogecoin (3.4%), Shiba Inu (2.6%), Avalanche (3.7%), Chainlink (2%), and NEAR Protocol (4.4%) also surged. The volume of all stablecoins is now $58.67 billion, which is 92.17% of the total crypto market 24-hour volume, as per data available on CoinMarketCap.

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A total of 5,105 shares changed hands on the counter till 01:03PM (IST).

Polycab India reported a 28.5% jump in its fourth-quarter profit on Friday, driven by strong demand for its wires and cables, its largest segment.

There are chances of some sickness coming up or some disease coming up in the future which might hamper the person to take a life plan or which might increase, there would be a loading on his premiums with the premiums would get higher and higher and build a hole in his pocket.

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The stock fell 20% for two consecutive days after January 31, when the Reserve Bank of India imposed restrictions on Paytm Payments Bank including accepting fresh deposits and doing credit transactions. On March 11, the RBI barred Paytm Payments Bank from onboarding new customers.

The Relative Strength Index of the stock stood at 35.36 on Friday.

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Promoters held 0.0 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 14.84 per cent and 13.88 per cent, respectively.

TVS Holdings Ltd on Friday said it will acquire 80.74 per cent stake in Home Credit India Finance Pvt Ltd for an aggregate consideration Rs 554.06 crore.

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