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Logistics service provider Shadowfax Technologies has filed for an initial public offering (IPO) through a confidential pre-filing route, with an aim to raise Rs 2,000-2,500 crore, industry sources familiar with the development said.
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Market expert Neeraj Dewan suggests Apollo Hospitals could offer decent returns due to potential valuation improvements and the upcoming listing of its digital and pharmacy business. He is also positive on power financing companies like IREDA, expecting them to benefit from recent RBI measures. Dewan advises a wait-and-see approach for IT majors, while anticipating muted earnings for the current quarter.
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Waaree Energies shares: The deal, finalized on June 27, will be carried out via a one-time international supply agreement. According to a stock exchange filing on Friday, Waaree Solar Americas will supply 270 MW of modules in 2025, with the remaining 270 MW slated for delivery between 2027 and 2028.
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