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Shares of the company have soared 707% to Rs 57.90 on May 28, 2021 from Rs 7.17 on May 28 last year
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M&M’s strategy revolves around tighter capital allocation, turning around loss-making subsidiaries, and focusing on core automobile and farm businesses through new launches and become future-ready for the emerging EV business
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This week, both Nifty and Money9 Covid25 touched their record highs of 15,469 and 312.67, respectively
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Shares of RIL traded nearly 6% higher at Rs 2,096.35 at around 3.11 pm (IST). On the other hand, the benchmark BSE Sensex was up 0.59% at 51,419 at around the same time
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While near-term news flow may be negative, the Indian office market retains many positives such as the limited number of 8-10 pan-India developers capable of building quality rental assets
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The rise in stock price shows that an investment of Rs 15,000 last year has now galloped to Rs 1,17,586
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The reinsurance proportion of mortality (sum assured) in India remains high, transferring out most of the risk to reinsurers
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China was the first country to witness the trend of revenge spending after lockdown
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Credit Suisse removed Tata Steel from its 30-stock portfolio and added Hindalco citing an aluminium-to-steel price ratio near a two-decade low, an inversion is likely
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Global brokerage firm CLSA has retained a ‘Buy’ call on the auto major, citing JLR is set to outperform peers