Stocks in news: IndusInd Bank, Zomato, Saraswati Saree Depot, HCL Tech, Poly Medicure

August 20, 2024

The benchmark indices saw a flat closing on Monday with investors waiting for more triggers. Key focus areas were IndusInd Bank’s RBI nod for a mutual fund business, Saraswati Saree Depot’s 30% premium debut, and movements in Zomato, Poly Medicure, Motilal Oswal, Hi-Tech Pipes, Sapphire Foods, and HCL Tech shares.

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India’s Competition Commission (CCI) proposed amendments to its penalty recovery regulations, aiming to streamline the process of collecting fines for violations of the Competition Act.

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Eureka Forbes Q2 Results: Net profit shoots up 83% YoY to Rs 46 crore, revenue up 27%

Eureka Forbes reported an 83.2% YoY rise in Q2 net profit to Rs 46.67 crore, with revenues up 27.6% to Rs 672.87 crore. Growth was

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