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SBI Mutual Fund made big auto bets, adding Maruti Suzuki worth ₹656 crore. Axis MF also added Maruti Suzuki worth ₹564 crore and Hyundai Motor India worth ₹305 crore.

The Ministry of Defence said the revised manual is designed to streamline, simplify, enable and rationalise the revenue procurement process” while meeting the emerging requirements of modern warfare.

As part of the order, Vikram Solar will deliver its latest Hypersol G12R modules, based on N-type technology, featuring improved bifaciality of up to 80%, enhanced performance in high temperatures, and minimal year-on-year degradation (≤ 0.4%).

Tega Industries said that the funds could be raised via multiple issuance methods, such as a public offer, preferential allotment and qualified institutional placement.

A full-ownership of AHEL should result in greater flexibility with respect to capital allocation and better operational synergies for AHLL, according to brokerage firm Nomura.

UBS said the Persistent System’s current valuation (around 44x 1 year forward price-to earnings) price in flattish margins and a 14-15% revenue CAGR, which, according to UBS, appears pessimistic. 

DAM Capital said that an increasing share of direct-to-customer lending, coupled with easing interest rate environment would ensure margin expansion.

The government had framed the tax proposals as part of a broader effort to boost revenue and offset economic pressures from higher US tariffs. But officials shifted course after the plan was criticised as undermining investor confidence and stifling one…

This clears a major bottleneck in Vedanta’s demerger process, which was initially expected to conclude by March but is now targeting a September-end timeline.

The recent correction has also led to BYD’s valuations dropping to 17 times forward earnings, which is below the three-year average of 20 times.