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Vishal Mega Mart shares: The brokerage views the value retailer as a way to capitalize on the rising aspirations of consumers in Tier 2 and smaller cities, supported by its low-cost private-label offerings, efficient cost structure, and expanding presence in underpenetrated markets.
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News and Media
State Bank of India's board has approved raising Rs 20,000 crore through Basel III-compliant bonds, leading to a share price increase of over 2%. While SBI shares have underperformed over the past year, they have shown recent gains, outperforming the Nifty in the last six months.
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HDFC Bank will hold a board meeting on July 19 to consider its first-ever bonus share issue and a special interim dividend for FY26. The move reflects strong financial performance, with robust Q1 loan and deposit growth, and comes amid a 21% stock rally over the past year.
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News and Media
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