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Mangal Electrical Industries' shareholder lock-in is expected to end soon. This could see nearly ten lakh shares become available for trading. The company manufactures components for transformers. Its shares have seen a decline since its market debut. Anchor investors include Abakkus Diversified Alpha Fund and Societe Generale. The company reported a profit fall in its September quarter results.
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News and Media
India's alternative investment sector is booming, with PMS and AIFs now managing over Rs 23.43 lakh crore. This remarkable growth, fueled by institutional investors and affluent individuals seeking alpha, has seen PMS assets surge sevenfold and AIF commitments skyrocket by nearly 50% annually. These investment avenues are becoming mainstream for wealth management.
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News and Media
HDFC Asset Management Company and Thyrocare Technologies will trade ex-bonus next week. Record dates are set for November 26 and November 28. HDFC AMC offers a 1:1 bonus share. Thyrocare Technologies provides a 2:1 bonus issue. These events will determine shareholder eligibility for bonus shares. Investors should note these upcoming dates.
Category:
News and Media
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