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Cipla Q2 Results: EBITDA for the second quarter improved by a marginal 0.5% YoY to Rs 1,895 crore. Margins came in at 25%.
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Bitcoin dropped 3.5% to below $109,000, dragging the global crypto market cap under $4 trillion after the Fed’s rate cut. Ethereum and major altcoins also fell over 3–4%, with total market value slipping to $3.68 trillion.
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Dr. Reddy’s Laboratories shares declined over 5% after receiving a Notice of Non-Compliance from Canada’s Pharmaceutical Drugs Directorate for its Semaglutide Injection, though analysts see the issue as temporary.
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Groww’s four co-founders are set for windfall gains of up to 4,950% from their early investments as the fintech heads for its much-awaited IPO. Each founder — Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh — will sell 10 lakh shares in the offer-for-sale, earning about ₹10 crore each at the upper price band of ₹100 per share.
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Coal India reported a 30% YoY drop in Q2FY26 net profit to Rs 4,354 crore amid higher expenses and lower revenue. Despite weak performance, the firm announced a Rs 10.25 interim dividend. Brokerages remain divided, with Motilal Oswal recommending ‘Buy’, Elara suggesting ‘Accumulate’, and Choice Broking maintaining a ‘Sell’ view.
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