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HDFC Asset Management Company reported a 31% jump in Q3FY25 profit, reaching Rs 641 crore. Its revenue grew 39%, driven by strong QAAUM growth. Despite a recent 15% stock decline, analysts project a 26% upside.
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Anshul Saigal, Founder of Saigal Capital, discusses the potential rebound of quality stocks amid market volatility, highlighting opportunities in the textiles sector and value retail. He explains recent trends, favourable conditions for exporters, and growth opportunities in Adani Group's diverse businesses.
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China's economy faces challenges due to sluggish domestic spending, a property market slump, and potential trade tensions with the US. Beijing has responded with measures including expanding consumer subsidies, cutting interest rates, boosting the property sector, approving debt swaps for local governments, and issuing special bonds for land development.
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News and Media
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