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Shares of JSW Steel rose over 3% to Rs 1,224 after the company reported a 307% YoY surge in Q2 profit to Rs 1,646 crore, driven by higher volumes and lower input costs. Adjusted EBITDA jumped 39% YoY, while exports nearly doubled. Despite strong operational performance, InCred maintained a Reduce rating, citing stretched valuations and leverage concerns.
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News and Media
Suzlon Energy shares jumped 4.5% after appointing Rahul Jain as CFO from December 15 2025. His two-decade finance experience is expected to strengthen the companys leadership and strategic growth.
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News and Media
Dhananjay Sinha of Systematix Group sees positive sentiment driving PSU banks, fueled by news of dilution and FII participation, despite recent lacklustre profit performance. He views the metals sector as a trading play, influenced by global dynamics and financial correlations, rather than a structural investment, citing weak underlying demand.
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News and Media
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