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Adani Green Energy (AGEL) shares fell 2.3% after CEO Amit Singh announced his resignation, effective March 2025. Ashish Khanna will succeed him. AGEL stock has declined 34.4% in the past year and 45% in the last three months.
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Hence, we expect segments with high valuations to undergo consolidation in the near term, if it lacks new earning growth triggers. While we continue to find opportunities across the markets, we believe individual stock picking will be important in this market.
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News and Media
In 2024, India recorded 332 IPOs, nearly double the number listed in the US (205) and two-and-a-half times more than Europe. This performance highlights Indias growing economic momentum and entrepreneurial strength.
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News and Media
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