Mon, Nov 25, 2024 11:37 AM
Shiva Global Agro Industries Standalone Sept 2024 Net Sales at Rs 14.39 cr
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Bernstein recommends buying large-cap, quality, & defensive stocks in India, citing vulnerabilities in small- and mid-cap stocks due to valuations, peaking earnings & record investor participation. The firm lists Bharti Airtel, Maruti Suzuki, and Reliance Industries among its top picks. Bernstein advises against momentum and high-volatility stocks, citing overvaluation and deteriorating earnings.
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Mumbai: India Inc's operating cash flow (OCF) weakened significantly in the half year ended September 30, falling to 71.4% of their earnings before interest, tax, depreciation and amortisation 81.8% in the previous six months (excluding banking, financial services and insurance).Free cash flow, meanwhile, plunged to 35.9% of profit after tax (PAT) from 55.1% a year earlier, according to data.
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Shares of KEC International surged 2 percent to Rs 1,064 on November 26 after the company secured new orders worth Rs 1,114 crore across its transmission and distribution (T&D), civil, railways, and cable segments. The T&D division bagged a 400 kV transmission line project in Oman and supply orders for towers, hardware, and poles in the Americas.
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