Anil Agarwal, Chairman At Vedanta

Anil Agarwal, Chairman At Vedanta

☄ We have completed NCLT procedure

☄ Have sweetened the bid for Electro steel.

☄ Have hiked offer by Rs 500 crore for Electrosteel Steel to Rs 5,000 crore.

☄ Great pride for Vedanta Group to add value to assets like Electrosteel Steels.              

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Power Grid Gains On Heavy Volumes

Gold Silver Reports (GSR) – Power Grid Gains On Heavy Volumes — Power Grid Gains On Heavy Volumes – Shares of the state-run central transmission utility of India rose as much as 3.9 percent, most in six months, to Rs 207.1, extending a three-day gaining period. Trading volume of the stock was 11 times the 20-day average. It was the top gainer on the S&P BSE Power Index.      

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Rakesh Singh, President At India Cements

Rakesh Singh, President At India Cements

📌 Seeing around 37 percent growth from states like Telangana, Andhra Pradesh

📌 Tamil Nadu contributed least due to sand mining issues.

📌 Clocked around 4 percent growth last year

📌 Affordable housing, upcoming elections aiding to growth from Karnataka.               

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Gopal Mahadevan, Chief Financial Officer At Ashok Leyland

Gopal Mahadevan, Chief Financial Officer At Ashok Leyland

📌 Expect momentum for CV demand to continue moving ahead.

📌 Higher Infra spending, road construction and decline in truck overloading aiding demand.

📌 Oil and Gas, Logistics and FMCG sector are driving demand for trucks.                          

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Jinesh Gopani, Head of Equities At Axis Mutual Fund

Jinesh Gopani, Head of Equities At Axis Mutual Fund

📌 Big events like upcoming elections are the key to look for in markets.

📌 Good monsoon to aid rural sector, increasing bets on same.

📌 Have added technology, consumer and private sector banks to the portfolio                

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Sobha Rises On Plan To Invest Rs 500 Crore In Gujarat

Gold Silver Reports (GSR) – Sobha Rises On Plan To Invest Rs 500 Crore In Gujarat – Shares of the real estate developer rose as much as 3.3 percent to Rs 568. The construction company plans to invest Rs 500 crore for a residential project in GIFT City, Gujarat, according to its stock exchange notification.               

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