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Dr Agarwal's Health Care's upcoming listing worries investors due to a discounted grey market premium and muted subscription. Despite being India's largest eye care chain, with a 25% market share in FY24, and significant revenue and efficiency growth, market conditions appear challenging. Analysts recommend a long-term investment view for potential gains.
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Titan is expected to see strong sales growth in Q3 due to festive demand and wedding season, though profitability may be muted by inventory loss. Asian Paints, however, may report a decline in revenue and net profit due to lower volumes and adverse pricing trends.
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Benchmark indices closed lower on Monday amid concerns over US tariffs. Key stocks in focus included Power Grid, which showed weakness, Divis Laboratories, which demonstrated strength, and Tata Chemicals, which tested crucial support zones. Recommendations for cautious trade approaches were provided for each stock.
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News and Media
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