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Agro-chemical firm Bharat Rasayan’s board has greenlit a 1:1 bonus share issue and a 1:2 stock split, aiming to enhance share liquidity and broaden its investor base. This move will see existing Rs 10 shares divided into two Rs 5 shares, followed by a bonus issuance. The company reported a robust Rs 140.92 crore net profit for FY25.
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Ajay Bagga highlighted India’s equity outlook, noting a near-term earnings recovery, rural-led consumption growth, muted urban demand, and opportunities in autos and durables, while cautioning on telecom, financials, and high-valuation FMCG stocks.
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Reliance Industries saw continued domestic investor confidence in Q2 FY26, with mutual funds, LIC, and retail investors increasing stakes. Q2 PAT grew 10% YoY to Rs 18,165 crore, while FPIs trimmed exposure slightly.
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Venkatesh Balasubramaniam highlights expensive Indian markets with muted EPS growth, cautious sector bets, and selective opportunities in autos, hospitality, mid-cap IT, and energy amid rising oil prices and IPO exuberance.
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