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Aeroflex Industries shares: The flexible flow solutions manufacturer reported a 42.22% decline in net profit to 7.17 crore for Q1 FY26, compared to 12.41 crore in the same quarter last year. Revenue for the June quarter also fell by 6.04% to 84.33 crore from 89.75 crore in Q1 FY25, indicating subdued demand despite the companys export-focused business and global customer base.
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Ahead of its IPO, Shanti Gold International raised Rs 108 crore from anchor investors, including Societe Generale, Wealthwave Capital Fund, and Rajasthan Global Securities. The IPO is a complete fresh issue of 1.81 crore equity shares, aiming to raise Rs 360.11 crore.
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Market expert Neeraj Dewan shares insights on current market dynamics. He notes mixed earnings, especially in IT and banking sectors. Delay in US tariff settlement and concerns about Russian oil impact market sentiment. Dewan highlights positive domestic factors like good monsoons and improving liquidity. He suggests banking, infrastructure, and capital goods sectors show promise.
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