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The larger the IPO, the lower the expense ratio, the data showed. Offerings under 500 crore incurred average costs of 9.3%, while mega IPOs above 5,000 crore managed to keep expenses down at just 2.6% on average.
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The gold to silver ratio - measured by dividing gold prices by silver - is at 100, the highest since Covid in 2020. It is also trading above its average levels for the current century of around 85 levels, according to data from Samco Securities. The gauge, which compares the prices of gold and silver, signals that silver offers better value now.
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The conglomerate on Friday reported 2% growth in its consolidated net profit for the fourth quarter ended March 2025 and revenue from operations increased 10% year-on-year (YoY), exceeding analysts' expectations.
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News and Media
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