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Lupin shares drop 2.28% as Sensex rises

Updated at : 2022-10-06 18:45:03

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A total of 65,389 shares changed hands on the counter till 02:05PM (IST)

Colgate-Palmolive shares fall 1.5% as Nifty gains

Updated at : 2022-10-06 18:45:03

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The stock quoted a 52-week high price of Rs 1723.65 and a 52-week low of Rs 1375.55.

D-Mart continued its healthy store additions. It added eight stores in 2QFY23, taking its total count to 302. It has added 18 out of a total of 40 stores factored in FY23, said the brokerage which has a neutral view on the stock.

"Today, Midhani is the only company that is manufacturing Titanium alloys. The capacity enhancement programme is going on and after six-seven months, we are going to install the latest state-of-the-art facility for melting Titanium alloys. Secondly, we are also working on increasing our capacity in making nickel-based alloys, and super alloys; there also the market potential, domestic as well as export, is good. We are also improving our Titanium casting facility."

Godrej CP tumbles 7% after muted quarterly updates

Updated at : 2022-10-06 18:45:03

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"However, with the moderation in inflationary pressures due to correction in commodity prices, and the monsoon largely being on track (apart from a few states), we expect consumption to improve in the second half of the year," it added.

The NSE-listed scrip in the last one year has yielded 87 per cent return, while the same on a YTD basis is just 8 per cent. The stock’s 52-week high and low prices are Rs 285 and Rs 746 per share, respectively.

According to the latest shareholding data for the quarter ended September 2022, Khanna owns 1,50,215 equity shares in the company, equivalent to a 1.22% stake in the concern. In the previous quarter ended June, Dolly Khanna held a 1.10% stake in the auto ancillaries firm.

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"At the said meeting the proposal is being placed to the board seeking approval and authorisations for issuance of non-convertible redeemable debentures up to an amount of Rs 4,000 crore, on private placement basis," Can Fin Homes said in a regulatory filing on Thursday.

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The company further said that its consolidated AUM grew by 21% YoY and 5% QoQ to approximately Rs 18,550 crores as of 30th September 2022, despite a sharp reduction in the discontinued loan book. Discontinued on-book stood at approximately Rs 1,300 crore as of 30th SeptemberThe AUM for its subsidiary, Poonawalla Housing Finance Limited (PHFL), stood at approximately Rs 5,600 crores as of 30th September..

"Large private banks stocks will come out as a winner because they are investing a lot in digitisation. It is not just about investing in digitisation alone but also in ecosystems. So, they have been at the forefront of ensuring that the banking ecosystem is in place."

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