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The bourse in its board meeting on Tuesday approved the issuance of 119 crore shares to these investors at 2 apiece, in a fresh attempt to revive the beleaguered market intermediary.
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The chosen avenue for generating alpha, these funds opened a new plan almost weekly, on average, and drew record subscriptions, showed data from the Association of Mutual Funds of India (AMFI).
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The extent of net profit has improved significantly over the past few quarters. The sample's net profit in the latest quarter was two-and-a-half times 36,741 crore reported in the September 2021 quarter.
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