According to analysts, dominant shareholders, including founders, raising stakes in companies is often considered to be a positive indicator and could hint at anticipated strong growth in earnings.
India’s banking sector is poised for a rally, fueled by robust credit growth, easing deposit pressures, and stable asset quality, according to ICICI Securities’ Pankaj
Waaree Energies shares fell nearly 5% after a US Customs ruling triggered concerns over reputational impact despite the company’s clarification. JM Financial retained its ‘Add’
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