JK Tyre & Industries' net profit nearly quadrupled to ₹227 Crore in the three months ended December 31.
Spot gold remained stable at $2,035.12 an ounce
Tejas Network, Tata Elxsi, and Tata Chemicals have all seen stock losses of more than 10% so far this year, while the rest stocks have increased by 1% to 5%.
IMF pegs India GDP 20 basis points higher and US GDP 60 basis points higher for 2024.
Subdued performance expected on a sequential basis.
Analysts of IIFL Securities continue to prefer stocks with better growth visibility (INFO/PSYS/COFO).
The NFO is available for subscription from February 05 to February 16.
The ban is imposed as these securities crossed 95% of the market-wide position limit (MWPL), according to NSE regulations.
The company reported in a regulatory filing that during the quarter, revenue from operations increased by 7% to ₹2,881.83 Crore.
The Pension Fund Regulatory and Development Authority (PFRDA) has already approved the transaction.

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