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The company is engaged in the manufacture of a range of shell and tube heat exchangers, air cooled heat exchangers, pressure vessels and process flow skids equipments which are used as critical equipments for petrol and diesel engines, railway engines, maritime engines, cruse and cargo ships among others.
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Hyundai India shares debut today after the country's largest IPO, with estimates suggesting a 3-5% gain over the issue price. Despite the issue being fully subscribed only on the last day, the company's strong market position and focus on electric vehicles hint at promising long-term investment potential.
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Benchmark indices Sensex and Nifty closed lower on Monday due to a sharp decline in Kotak Mahindra Bank and continuous foreign fund outflows. Manappuram Finance fell significantly after RBI restrictions on NBFCs. Raymond Lifestyles and 360 One Wam showed varied performance, with technical indicators showing possible recoveries under certain conditions.
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