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As the Nifty nears record highs, a market shift sees investors moving from mid- and small-cap stocks to safer large-cap names. This narrowing market breadth historically precedes corrections, with stretched valuations offering little cushion for many stocks. Despite near-term valuation hurdles, optimism remains for the food delivery segment's long-term profitability.
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Motilal Oswal initiated coverage on Blue Star with a Neutral rating, expecting up to 10% upside with a 1,950 target price. The brokerage highlighted Blue Stars steady market share gains in room air conditionersfrom 7% in FY14 to 14% in FY25and its aim for 15% by FY27.
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News and Media
The family behind a community hub in Leigh Park, Havant, will send 150 parcels of food and gifts.
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News and Media
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