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Suzlon Energy Share Price: Suzlon achieved an impressive 90% YoY rise in net profit, reaching Rs 386.92 crore for the quarter ending December 31, 2024. Revenue from operations grew by 91% YoY to Rs 2,968.81 crore, compared to Rs 1,552.91 crore in the same quarter last year. Total income also soared by 91% YoY to Rs 3,002.36 crore, showcasing robust financial growth.
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Prestige Estates surged 9.3% to Rs 1,489.95 after Jefferies upgraded it to buy with a Rs 1,600 target. The brokerage cited upcoming launches worth Rs 300 billion and strong leasing growth. Despite a weak Q3, Prestige expects pre-sales recovery, boosting long-term prospects.
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In fact, Bajaj Auto and Maruti are two companies which have done very well on exports and I think they have sort of diversified their domestic exposure. So, after the big correction from 12,000 to 8,000 the stock is pretty well positioned in terms of valuations also.
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