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Equity mutual funds have offered up to 4% return in the last week (August 18 to August 23). There were 575 funds in the said time period, of which 461 posted positive returns. Here are the top 10 performers
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News and Media
Sebi has approved LICs reclassification as a public shareholder in IDBI Bank, subject to conditions like capping voting rights at 10% and reducing its stake to 15% within two years. The move follows the strategic disinvestment plan, with IDBI reporting 17% YoY net profit growth in Q1 FY26.
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News and Media
Molbio Diagnostics, a Goa-based POC diagnostics company, filed its DRHP to raise Rs 200 crore via fresh issue and 1.25 crore shares through OFS. Its patented Truenat PCR platform enables rapid decentralized testing. FY25 revenue stood at Rs 1,020 crore, PAT Rs 138.5 crore. Promoters include Sriram family and Exxora Trading.
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