
Indian retail and investment sectors saw notable developments as veteran investor Radhakishan Damani partially exited Mangalam Organics, while Mukul Agrawal sold a furniture brand acquired 15 months ago. Despite a 60% profit drop, investors like Porinju Veliyath are accumulating shares in Geojit Financial Services, anticipating recovery. DMart, Damani's retail chain, reported an 18% profit rise in Q3, but Jefferies maintains a 'Hold' rating citing moderated growth. Additionally, financial literacy advice encourages youth to start early investing to build wealth.
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