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Wakefit Innovations plans to raise over 1,288 crore via IPO for expansion and operational needs. The direct-to-consumer home furnishing company, profitable in the six months to September 2025 after prior losses, faces raw material price volatility. Investors with a high-risk appetite can consider the IPO for its long-term potential.
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News and Media
Sebi has ordered financial influencer Avadhut Sathe and his academy to stop unregistered investment advisory and research analyst services. They are banned from trading securities and must return 546 crore earned from the alleged illegal business. Sebi found they provided advice without registration, misleading over 3.37 lakh investors.
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News and Media
The NSE has adjusted price bands for 230 stocks, with 128 moving to 20% and 90 to 10%. This move typically signifies reduced manipulation risk or improved liquidity. Conversely, 10 stocks, including TVS Electronics, will see their bands reduced to 5%, with Cura Technologies moving to 2%.
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News and Media
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