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Standard Glass Lining shares will debut on the exchanges with an expected premium. The IPO received strong investor response with overall subscription of 185 times. SGLT is a leading manufacturer for the pharmaceutical and chemical sectors. The company has seen significant revenue growth over the past three years and has a diversified customer base.
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Equity indices faced losses for the third consecutive session due to economic growth concerns. Notable stock movements included KPIT Tech falling 4.8%, IndusInd Bank 4.2%, and Just Dial 3.8%. Analysts suggest monitoring support and resistance levels for potential reversals or further declines.
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The review aims to ensure motorists are not penalised if they are unable to pay promptly.
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