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Reported Q2 EPS of ($5.34), $6.66 worse than the analyst estimate of $1.32. Revenue for the quarter came in at $845.2 million versus the consensus estimate of $901…

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Tata Group Stock Sheds 6% Despite Q4 Profit Rallying 116%: Here’s Why

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In an interaction with Zee Business Managing Editor Anil Singhvi, market veteran Basant Maheshwari calls Budget 2023 the finance minister’s best-ever Budget. 1) The Sensex finished the session with a gain of 158.2 or 0.3 per cent at 59,708.1, having gyrated in a range of 1,956.6 points around the flatline — rising to as high as 60,773.4 and falling to as low as 58,816.8 — during the session. The Nifty50 settled with a loss of 45.9 points or 0.3 per cent at 17,616.3, having recovered more than 250 points from its intraday low.

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The site owner may have set restrictions that prevent you from accessing the site. In an interaction with Zee Business Managing Editor Anil Singhvi, Rahul Arora, CEO of Nirmal Bang Institutional Equities, explains that the Budget announcement of higher taxes on cigarettes will only impact a section of ITC’s portfolio. Earlier in the day, a Budget-triggered rally had brought the 50-scrip headline index within 28 pts of the 18,000 mark. 2) In the 50-scrip Nifty basket, 23 stocks managed to finish the day higher.

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ICICI Bank, JSW Steel, ITC, Tata Steel, Britannia, Cipla, HDFC Bank,, HDFC, Tata Consumer and Eicher were the top gainers, rising around 1-2 per cent. On the other hand, Adani Enterprises and Adani Ports were the top laggards in the pack, falling 26.7 per cent and 17.7 per cent for the day respectively. Among the other Nifty50 losers were HDFC Life, SBI Life, Bajaj Finserv, SBI, IndusInd, Bharat Petroleum and UPL, closing between 2.3 per cent and 10.8 per cent lower. We are manufacturer and supplier of appalam and Our company is manufacturing a wide gamut of Water Pump Housing, which are used as extensions for vehicle’s drive train.

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