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Moneylife Digital Team 09 October 2024
In recent quarters, Indian textiles industry has faced challenges due to inflation, increasing interest rates and geopolitical instability that has affected export demand and caused retailers to accumulate excess inventory. While home textiles companies have shown month-over-month (m-o-m)...

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Moneylife Digital Team 09 October 2024
KEI Industries Limited (KEI) is one of the leading manufacturers of wires & cables which had transformed itself, over the years, into a mid-sized cables company with a global footprint exporting its products to more than 45 countries. It has five manufacturing plants which produce around 125K...

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Moneylife Digital Team 09 October 2024
On Wednesday, 2705 stocks advanced, 1248 declined and 97 remained unchanged, on the Bombay Stock Exchange (BSE) with an advance decline ratio of 2.16 indicating positive closing of stocks in broader markets. The trend of the major indices on Wednesday’s trading is given in the table below.  

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Moneylife Digital Team 08 October 2024
On Tuesday, 3024 stocks advanced, 923 declined and 99 remained unchanged, on the Bombay Stock Exchange (BSE) with an advance decline ratio of 3.27 indicating positive closing of stocks in broader markets. The trend of the major indices on Tuesday’s trading is given in the table below.  

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Moneylife Digital Team 08 October 2024
The Securities and Exchange Board of India (SEBI) has granted approval for the initial public offering (IPO) of National Securities Depository Ltd (NSDL), the country's largest depository.   NSDL IPO will be structured as a pure offer for sale (OFS), involving the divestment of 5.73 crore...

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Moneylife Digital Team 08 October 2024
The securities appellate tribunal (SAT) has stayed an order passed by the Securities and Exchange Board of India (SEBI) that imposed a two-year ban on real estate developer Omaxe Ltd from New Delhi, its chairman Rohtas Goel, managing director (MD) Mohit Goel and three other executives.    In...

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Moneylife Digital Team 07 October 2024
On Monday, 636 stocks advanced, 3422 declined and 151 remained unchanged, with an advance decline ratio of 0.19 on the Bombay Stock Exchange (BSE), indicating negative closing of stocks in broader markets. The trend of the major indices on Monday’s trading is given in the table below.  

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Moneylife Digital Team 04 October 2024
The trends of the major indices in the course of the week's trading are given in the table below:     Indian equity markets experienced their most significant weekly decline since June 2022, with both the Sensex and Nifty extending their losing streak for the fourth consecutive session on...

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Moneylife Digital Team 04 October 2024
INDIAN MARKET TRENDS From 27th September to 3 October 2024, ML Micro-cap Index rose 1%. ML Mid-cap Index, ML Small-cap Index and ML Large-cap Index fell 1% each. ML Mega-cap Index fell 3%. The NIFTY and the Sensex fell 4% each.                                       FUND...

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Moneylife Digital Team 04 October 2024
Demand for cars was a bit low in the first quarter of FY24-25 (Q1FY24-25). The electric two-wheeler market is still growing; in Q1FY24-25, a total of 182,050 units were sold. Some OEMs (original equipment manufacturers) are paying more attention to hybrid PVs (passenger vehicles) which fits...

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Moneylife Digital Team 03 October 2024
On Thursday, 1120 stocks advanced, 2864 declined and 92 remained unchanged, with an advance decline ratio 0.39 on the Bombay Stock Exchange (BSE), indicating negative closing of stocks in broader markets. The trend of the major indices on Thursday’s trading is given in the table below.  

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Moneylife Digital Team 03 October 2024
Garuda Construction and Engineering Ltd (Garuda) is a civil construction company providing civil construction services for residential, commercial, residential-cum-commercial, infrastructure and industrial projects. The company also offers additional services for infrastructure and hospitality...

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Moneylife Digital Team 03 October 2024
The packaged food industry in India is expected to at grow at a compounded annual growth rate (CAGR) of 8.8% between FY24-25 and FY32-33. A few of the reasons driving this industry's expansion in India are: the country's fast urbanisation, growing middle class, propensity for Western lifestyles...

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Moneylife Digital Team 02 October 2024
The Indian financial market is gearing up for a surge in initial public offerings (IPOs) in the coming months, with the Securities and Exchange Board of India (SEBI) approving several large-scale IPOs during the ongoing festival season. Among the most significant is Hyundai Motor India's...

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Moneylife Digital Team 02 October 2024
On 1 October 2024, a new chapter unfolded in the ongoing story of ICICI Securities' attempt to delist from the stock market. A minority shareholder, who felt dissatisfied with the previous decision permitting the delisting, appealed to the national company law appellate tribunal (NCLAT),...

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Moneylife Digital Team 02 October 2024
India's per capita consumption of biscuits has increased in the past five years to 2.5kg, but still lags behind developed economies like the US (10kg) and UK (13.6kg) and even developing countries like Sri Lanka (4kg). The key growth drivers of biscuit consumption include lifestyle, innovative...

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Moneylife Digital Team 01 October 2024
On Tuesday, 2296 stocks advanced, 1668 declined and 90 remained unchanged, on the Bombay Stock Exchange (BSE) with an advance decline ratio of 1.38 indicating positive closing of stocks in broader markets. The trend of the major indices on Tuesday’s trading is given in the table below.   

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Moneylife Digital Team 01 October 2024
Techno Electric & Engineering Company (TEEC) is power-infrastructure company that specialises in engineering-procurement-construction (EPC) services, asset ownership and operations & maintenance (O&M) services in power generation and transmission & distribution (T&D) sectors. Its client base...

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Moneylife Digital Team 01 October 2024
The global travel & tourism market, valued at US$1.7trn (trillion) in 2017, made a strong recovery in 2023, expanding by 18.2% year-on-year (y-o-y) from 2022 to reach US$1.9trn. It is projected to witness compounded annual growth rate (CAGR) of 8.2%, potentially reaching US$2.6trn by 2027. The...

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Moneylife Digital Team 01 October 2024
Power Mech Projects Limited (Power Mech) is one of the key engineering-procurement-construction (EPC) players operating in the power sector in India with a track record of around two decades. It was involved in two ultra-mega power projects in Mundra and Sasan; additionally, it has worked for...

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