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Suzlons positive momentum is fueled by securing a major 1,166 MW wind energy order from NTPC Green Energy, boosting its order book to a record 5.1 GW. This strong order pipeline enhances Suzlons revenue visibility and stability, positioning the company well for sustained growth and reliable long-term earnings.
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HDFC Securities has initiated coverage on Swiggy, assigning an "Add" rating with a target price of Rs 430, based on the company's strong brand presence and user base. While the brokerage is optimistic about Swiggy's growth potential in quick commerce, it cautions that operational challenges may affect long-term profitability.
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The US dollar is gaining strength. This is impacting commodity prices. Gold and oil prices are expected to fall. The US dollar index is at a crucial level. If it crosses this level, the dollar will strengthen further. Oil production in the US is also high. This will keep oil prices stable.
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News and Media
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