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WeWork India is set to launch a 3,000 crore IPO, which will reduce the promoter's stake to 48.1%. Despite higher revenue and Ebitda than competitors, the company's recent FY25 profit of 128 crore is primarily attributed to a deferred tax credit. Geographic concentration and lower occupancy rates in mature centres compared to peers are noted.
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News and Media
India's credit growth, currently below 10%, is poised to accelerate as new RBI measures could unleash 5 lakh crore in demand. Easing corporate exposure norms and allowing M&A financing are key drivers for this potential surge. While these relaxations are positive, weak credit demand remains a significant hurdle for faster economic expansion.
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News and Media
Consumption and financial services stocks are in focus due to recent GST boosts and RBI policy changes. Analysts highlight several stocks, including United Spirits, Aditya Birla Capital, and Axis Bank, which saw above-average rollovers to the October series. Based on technical and derivatives data, experts recommend fresh long positions and anticipate potential northward moves for these scrips.
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News and Media
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