Gujarat Toolroom shares surged 5% to Rs 18.08 after announcing a 5:1 bonus share issue in its upcoming board meeting. This would be the company’s first-ever bonus issue, subject to shareholder approval.
The last two quarters have been pretty suboptimal in the sense the earnings were below 10%, I think so this quarter will be no different
Rana Gupta from Manulife Investment Management sees opportunities in the financial sector despite mid-cycle challenges. He is cautious about industrial capex driven stocks, considering them
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