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Park Medi World plans a 770 crore IPO to repay debt and fund expansion, with its promoter stake to decrease. Despite a marginal dip in margins and average length of stay, the hospital chain maintains profitability above peers. However, geographic concentration and lower average revenue per occupied bed present potential risks for investors.
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News and Media
The Securities & Exchange Board of India (Sebi) has been empowered by the government to order social media platforms to remove unlawful stock-related content. This directive, issued by the finance ministry, aims to combat misleading information spread by financial influencers and other entities. The move addresses the growing concern over content scrutiny as millions invest in the stock market.
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News and Media
Amit Rathi divested shares of Anand Rathi Wealth valued at Rs 560 crore through a bulk deal on NSE. He sold 20 lakh shares at Rs 2,800.03 each, reducing his stake by 2.4%. The company's shares saw a marginal increase of 0.6% on Tuesday.
Category:
News and Media
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