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ITI Share Price: ITI Ltd.'s shares surged 10.3% after the company emerged as the lowest bidder for three packages of the BharatNet Phase-3 project. The total value of these packages, spread across multiple states, is Rs 4,559 crore. This win follows a recent order from BREDA for solar street light systems worth Rs 300 crore.
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Biocon Share Price: Biocon shares surged 5.4% after FDA classified its Bengaluru facility as Voluntary Action Indicated (VAI). The stock is up 47.7% YoY, supported by strong technical indicators.
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State Bank of India (SBI) Chairman, CS Setty, expressed optimism about achieving a Rs 1 trillion operating profit this year, driven by robust credit growth across sectors like petrochemicals, roads, and renewable energy. The bank aims for a 15% growth in its domestic loan book, reaching Rs 39 lakh crore.
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