 |
|
|
|||||
Shares of BLS International rose sharply after the Delhi High Court overturned a two-year ban imposed by the Ministry of External Affairs, allowing the company to participate in future tenders. The ruling removes restrictions that had affected tender participation, while existing contracts and financial outlook remain largely unaffected.
Category:
News and Media
HDFC AMC shares declined 3.5% after a profit booking session, following a 7% rally the previous day triggered by SEBIs overhaul of mutual fund expense regulations. The new framework introduces the Base Expense Ratio (BER) and separates statutory and regulatory levies, providing greater transparency but raising questions about long-term profitability for asset managers.
Category:
News and Media
Jefferies has initiated coverage on Growws parent Billionbrains Garage Ventures with a Buy rating, citing strong client growth, rapid product expansion and margin potential. The brokerage expects robust earnings growth driven by new offerings, operating leverage and a strategy similar to Robinhoods scalable, product-led model.
Category:
News and Media
All news |
||||||||||||||||||
|
||||||||||||||||||