Investor Vijay Kedia acquired a Rs 11 crore stake in Eimco Elecon, buying 57,400 shares at Rs 1,906.71 each. The stock, down 34% in a year, surged 5% post-purchase.
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap
Bernstein has retained an Outperform rating on Power Finance Corporation (PFC) and REC but cut its target prices and loan-growth estimates, citing stronger competition from
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