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As of 30-Jun-2022, promoters held 48.76 per cent stake in the company, while FIIs held 20.71 per cent and domestic institutional investors had 9.82 per cent.

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Central Bank of India Q1 Results: Total income during April-June period of 2022-23 increased slightly at Rs 6,357.48 crore, as against Rs 6,299.63 crore in the same quarter of 2021-22, Central Bank of India said in a regulatory filing.

“Over the last two-three months, I am much more bullish on the markets than what I was two-three months back. One of the reasons is that inflation is almost peaking out. In my view, unless and until we see something going very wrong again, the negative news is all priced in.”

Tech Mahindra Q1 Results: Managing Director & Chief Executive Officer CP Gurnani said, "We are starting this fiscal with a renewed commitment towards delivering consistent organic growth. We remain resilient and watchful given the dynamic global macro-economic environment and will continue to invest in new and emerging technologies to deliver differentiated offerings."

“India has a massive deficit in infrastructure spending and that is going to last for many years. L&T is a beneficiary and it also has its Middle Eastern businesses and some exposure to hydrocarbons as well as defence. We continue to like L&T. The stock is a good way of playing the recovery in infrastructure spend within India as well as in the Middle East to a small extent.”

Online Trading: All you need to know

Updated at : 2022-07-25 17:30:03

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According to the latest shareholding data, Dolly Khanna held 12,27,986 equity shares or a 1.16 per cent stake in the small finance bank as of June 30, 2022. Her stake in the lender is worth Rs 9.8 crore.Her name was missing from the list of top shareholders in the March quarter. All listed entities are obliged to reveal shareholder names only if the stake is at least one per cent.

Buy Infosys, target price Rs 1720: JM Financial

Updated at : 2022-07-25 16:20:03

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Infosys Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 628870.99 Crore) operating in IT Software sector

The majority of the brokerage firms have maintained a buy rating on the private lender, with target prices hinting at an upside potential of 30 per cent from its previous close of Rs 800. On Saturday, ICICI Bank reported a 50 per cent year-on-year (YoY) rise in profit after tax (PAT) at Rs 6,905 crore compared with Rs 4,616 crore in the same quarter last year.

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“There has already been a valuation reset in Zomato. I do not see the multiples converging in a very big way from here on unless something drastically negative happens. I think there are several things that we could monitor now. One of them is whether unit economics turns negative from here on. ”

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