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Jhunjhunwala reduced his holdings in VIP Industries to 2.3% from 5.3% while he raised his holdings in Fortis Healthcare by 0.3 percentage point to 4.3% from 4%
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Most buybacks are done at a premium to the market price and that becomes profitable to shareholders.
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Macrotech Developers, which recently concluded its Rs 2,500-crore initial public offering, will make its debut on the stock exchanges on April 19, Monday
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Global brokerage firm CLSA also gave a ‘Buy’ rating to Tata Communications in March with a price target of Rs 1,475
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Wipro traded 4.13% higher at Rs 448.80 in the early trade, while the benchmark BSE Sensex traded 0.13% up at 48,868.
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Kamdhenu has signed ace Bollywood celebrity and entrepreneur Preity G Zinta as its brand ambassador.
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In US, the S&P 500 and Dow Jones indices hit record highs on Thursday
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Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty may open flat with a negative bias on Friday. Overseas, Asian stocks traded largely lower as investors reacted to the release of Chinese economic data. Here are 6 money making ideas from technical analysts that may deliver good gains in […]
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Infosys' market valuation went lower by Rs 15,807.03 crore to Rs 5,80,088.97 crore on the BSE
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Wipro on Thursday posted 0.14% quarter on quarter growth in consolidated net profit (attributable to shareholders) at Rs 2,972.30 crore for the quarter ended March 31. The figures stood at Rs 2968 crore in the preceding quarter ended December 31. Net profit of the company increased by 27.78% on year-on-year basis. On the other hand, […]