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Veteran investor Sandip Sabharwal has cautioned that Indias ongoing IPO frenzy may be masking deeper concerns about transparency and earnings quality. He highlighted a pattern of companies turning profitable only before their listings, adding that heavy promoter selling and institutional interest are overheating the primary market while keeping secondary sentiment subdued.
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News and Media
Gaurs Group expects Rs 2,000 crore revenue from its new premium housing project on Yamuna Expressway, launching the first phase with 950 units. The 12-acre project, priced from Rs 1.9 crore, is driven by strong customer response and upcoming infrastructure like the Jewar airport. The developer is also planning a shopping mall and a 5-star hotel in the region.
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News and Media
JSW Cement reported a profit of Rs 75.36 crore for the September quarter of FY26, a significant turnaround from a loss of Rs 75.82 crore in the same period last year. This improvement was driven by double-digit growth in sales volume, reaching 3.11 million tonnes. The company also reduced its net debt by Rs 1,335 crore following IPO proceeds.
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News and Media
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