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2025-06-30 04:25:28| The Economic Times

Vandan Foods, a Gujarat-based castor oil manufacturer, launched its IPO today, aiming to raise 30.36 crore. The IPO, priced at 115 per share, closes on July 2 and consists of a fresh issue of 26.40 lakh equity shares. Funds will support working capital, debt repayment, and facility expansion. With strong financials showing revenue of 72.


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2025-06-30 04:22:23| The Economic Times

A personal tragedy led to a solar energy revolution in Pakistan, where citizens and businesses are adopting solar power due to unaffordable grid electricity. This shift, driven by cost savings, has offered a model for other developing nations facing energy crises. However, challenges remain in grid management and equitable access.


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2025-06-30 04:00:23| The Economic Times

HDB Financial Services IPO allotment Date: Investors await the HDB Financial Services IPO allotment status, expected soon. The IPO saw strong subscription across all categories. Refunds are set to begin on July 1. Shares will be credited to demat accounts the same day. The stock is scheduled to debut on BSE and NSE on July 2, 2025. The company's GMP is around Rs 57.


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2025-06-30 02:40:58| The Economic Times

As benchmark indices reached a nine-month high, traders are eyeing bullish opportunities in stock futures. HPCL, UltraTech Cement, Power Grid, Indraprastha Gas, Apollo Hospitals, and HDFC Life Insurance are showing potential for upward movement. Technical analysis suggests specific entry points, stop losses, and target prices for these stocks, guiding traders in their investment decisions.


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2025-06-30 02:23:29| The Economic Times

Indian companies showed strong financial health. The interest coverage ratio reached a 12-quarter high in March 2025. This was due to better profit margins and lower interest costs. Operating margins improved because of cheaper raw materials. Earnings before interest and taxes grew faster than interest expenses. Corporate profitability and lending rates will influence future interest coverage.


Category: News and Media

 

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