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Tata Motors: Automaker to raise commercial vehicle prices up to 3% from Jan 1, 2024, to counterbalance increased material costs. Wipro: Azim Premji, founder chairman of the country’s fourth-largest IT services company, has expressed his displeasure with the company’s direction under executive chairman Rishad Premji and chief executive Thierry Delaporte, according to four people familiar […]
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“Breaking records with Cipla’s Q1 success, net profit soars 45% to Rs 996 crore, exceeding expectations!”
Cipla, one of India’s leading pharmaceutical companies, delivered a strong and impressive performance in the first quarter. The company’s net profit rose by 45 per cent, reaching Rs 996 crore, which exceeded analysts’ expectations. Prior forecasts by analysts estimated the net profit to be around Rs 836 crore. The robust growth in Cipla’s net profit […]
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📈 Despite the Sensex tanking 440 points and Nifty ending at 19,700, Cipla managed to jump 10%, while M&M and TechM lagged behind. Stay informed and stay ahead of the game with our daily market updates.
It seems that the mixed earnings reports from heavyweight companies had a significant impact on the market sentiment, leading to a decline in both the Sensex and Nifty. While the market started strongly in response to the Federal Reserve’s rate increase, the negative influence of the earnings reports reversed the trend, and the indices closed […]
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