Key Moves by Indian Investors and Market Updates on Retail and Financial Stocks
18 hours agoBusiness
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5 SourcesMumbai, India
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Key Moves by Indian Investors and Market Updates on Retail and Financial Stocks

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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