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Dixon Technologies shares rebounded after a three-day fall, even as the stock remains in a broader downtrend with steep declines over the past months. Despite strong quarterly earnings and increased institutional holdings, technical indicators show the stock is oversold. This mix of weak price action and improving fundamentals suggests the potential for a short-term recovery.
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News and Media
Hindustan Zinc shares surged 4% to Rs 532 as silver hit a fresh high, driven by a US Fed rate cut. The company, India's sole pure-play silver producer, benefits significantly from rising silver prices, which contribute substantially to its earnings and are expected to boost its valuation.
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News and Media
Kaynes Technology India shares saw a rebound on Thursday after a sharp decline. Analysts at Nomura and Morgan Stanley maintain positive ratings, citing potential for growth and improved disclosures. The company faced scrutiny over accounting practices in its smart meters segment. Despite past challenges, future catalysts include working capital improvements and new business lines.
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News and Media
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