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While we are quite positive on the A-1s coming in, the orders that we have seen coming in from February and these are big orders such as Pinaka in February, and then in March recently Cabinet Committee of Security has cleared the 7,000 crores procurement of ATAGS howitzer, so these are all welcome. However, the much overlooked piece is the reforms in the capital acquisition process.
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NSE announced the exclusion of five stocks: Apollo Tyres, Deepak Nitrite, Escorts Kubota, MRF, and Ramco Cements from the F&O segment starting June. This follows earlier removals, with 16 more stocks exiting by February 2025. Markets rebounded on Friday after an initial dip.
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News and Media
NMDC shares rose 1.6% on Friday as the record date for its Rs 2.30 interim dividend for FY 2024-25 was finalized. Other companies like Acceleratebs India and CG Power also announced interim dividends on the same date, determining shareholder eligibility.
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