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After an uptick during the first month since its public listing on November 13 2024 where it gained 58% from the offer price of 390, the stock has gradually sunk below this threshold. In 2025 so far, it has lost 37%. The stock may remain under pressure in the short term given rising fixed costs and drag on contribution margin due to the fast pace of store additions.
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News and Media
Since September 27, the Nifty Smallcap 250 and Microcap 250 indices have plunged 21.4% and 20.2%, respectively, while the Nifty Midcap Index has slumped 17.7% in the same period.
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News and Media
European governments are poised to further scale up their plans for defence spending in the coming years, which should benefit the equity prices of European defence companies
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News and Media
DMart founder Radhakishan Damani has seen value of his holdings shrink by 64,000 crore, or 28%, since October 1, falling from 2.31 lakh crore to 1.67 lakh crore, according to primeinfobase.com data.
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News and Media
Indian markets ended an 8-day losing streak, with Sensex rising 57.65 points to 75,996.86, while Nifty fell 30.25 points. Analysts suggest key support at 22,800 and resistance near 23,250, indicating potential short-term volatility.
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News and Media
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