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Gold prices climbed Rs 250 to scale yet another peak of Rs 1,13,000 per 10 grams in the national capital on Wednesday, buoyed by robust buying by central banks globally, a weak dollar, and lingering geopolitical uncertainties.
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Lenskart is preparing a Rs 2,200 crore IPO, backed by strong financials, robust revenue growth, market leadership in India and Asia, and an omnichannel presence. Jefferies highlights profitability, international expansion, and large market potential driving investor interest.
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Zerodha CEO Nithin Kamath highlighted the benefits of a secondary offline demat account, helping investors separate long-term and short-term holdings, avoid impulsive trading, and optimize tax management. Recently launched on Zerodha’s Kite app, this feature supports smarter investing, while Kamath emphasized the company’s growth through referrals and word-of-mouth
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Bharat Electronics Ltd declared Rs 0.90 dividend per share, payable September 23. Strong Q1FY26 results, 25% PAT growth, and Rs 74,859 crore order book highlight BEL’s robust financials and defence sector strength.
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Pace Digitek, a telecom solutions provider, is set to launch an IPO. The company aims to raise ₹900 crore. SEBI has approved the IPO plan. The funds will boost Pace Digitek’s battery energy storage systems. A portion of the proceeds will fund a project with MSEDCL. The company focuses on renewable energy and turnkey projects.
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