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Around 133 companies will unveil their third quarter earnings on Thursday, with key focus on L&T, Bajaj Finserv, Adani entities, and Tata Consumer Products. Strong growth in earnings is expected for L&T and Tata Consumer, though Tata's profitability may be impacted by rising tea prices.
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A 1:2 stock split means that for every 1 share an investor holds, it will be split into 2 shares. This effectively doubles the total number of shares held by shareholders, while the stock's price is halved.
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The president sued the firm in 2021 over the suspension of his accounts after the 6 January Capitol riots.
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