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Elgi Equipments shares: On July 8, 2025, SBI Mutual Fund purchased 1,812,760 shares of Elgi Equipments via a bulk deal at 532 per share, signaling robust institutional interest in the stock.
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The announcement came after the Grok AI chatbot gave controversial answers to user queries.
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Jefferies is making a bold move by advising clients to invest in the struggling Indian consumer sector, identifying Varun Beverages, Hindustan Unilever, and Asian Paints as promising contrarian bets. Despite facing challenges like weak demand and margin pressures, these stocks are believed to have bottomed out, offering significant upside potential if the sector rebounds.
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News and Media
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