Mutual funds cut cash holdings by Rs 13,000 crore in June to Rs 2.04 lakh crore, with PPFAS and Unifi maintaining highest cash-to-AUM ratios for strategic flexibility and redemptions.
KPIT Technologies faces a substantial 24% decline in stock value, predominantly due to obstacles in the automotive sector. The company’s net profit has notably decreased,
In a significant financial move, Shapoorji Pallonji Group plans to generate $125 million through a tap issue of current dollar bonds, targeting an impressive ₹3,250
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