Stocks in news: Domestic markets ended slightly lower on Thursday amid ongoing consolidation. Key stocks in focus include Indigo Paints, Nucleus Software, Venus Pipes, Adani Enterprises, and Godfrey Phillips due to various developments. Notable updates include stake sales, early public issue closures, buybacks, distribution agreements, and legal proceedings.
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
The government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said