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NSE share market NEWS tomorrow (17 May, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (17 May, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 17 May 2024

Kaynes Technology was amongst the top gainers, currently trading at 3080.35 in NSE with 13.517 times change in volumes and 19.982% change in price. Other gainers included Crompton Gr with 15.571% price change and 18.397 times volumes, Mazagon Dock with 12.987% price change and 4.397 times volumes, Bharat Dynamics with 12.304% price change and 3.154 times volumes, and Solar Industries with 8.238% price change and 1.971 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Mphasis was amongst the top losers, currently trading at 2311.60 in NSE with 0.44 times change in volumes and -2.503% change in price. Other losers included Voltas with -2.446% price change and 2.168 times volumes, Kei Industries with -1.879% price change and 0.374 times volumes, Hdfc Amc with -1.828% price change and 1.092 times volumes, and Tata Consultancy with -1.714% price change and 1.064 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Other stocks which made news headlines today and can be traded tomorrow are below.

Who is Azim Premji? The architect of IT major Wipro's global success. Padma Bhushan awardee Azim Premji, with a net worth of billion, is the founder of Wipro and established the Azim Premji Foundation

CII Summit: Azim Premji stresses companies' social responsibilities. Premji, who is also a philanthropist, emphasised the need for business houses to operate with the highest standards of integrity and stated that a lack of integrity signifies a lack of character

Shipment of raw materials from AGPL resumes for Vizag steel plant. In a relief for Visakhapatnam Steel Plant (VSP), shipment of essential raw material from Adani Gangavaram Port Ltd (AGPL) has resumed, said an official on Friday. Shipment of raw materials such as coking coal, limestone and others, which are key for making

Reliance Capital seeks 10-day extension to transfer assets to Hinduja group. The administrator of debt-ridden Reliance Capital (RCAP) has approached the Reserve Bank to seek a 10-day extension of the deadline to transfer businesses to a successful bidder -- a Hinduja Group company, sources said. The deadline for the transfer of Rel

Sebi fines Rs 8 lakh on Reliance Home Finance for disclosure lapses. Capital markets regulator Sebi on Friday imposed a penalty of Rs 8 lakh on Reliance Home Finance for failing to make disclosures pertaining to NCLT order issued in June 2021 to the stock exchanges. The fine has to be paid within 45 days, the Securities and

NHPC Q4 results: Net profit declines 18% to Rs 611 crore, revenue falls. State-owned NHPC Ltd on Friday reported an 18 per cent fall in consolidated net profit to Rs 610.93 crore during the March quarter on account of decline in revenues. The company had reported a net profit of Rs 745.27 crore in the year-ago period, the compa

GSK Pharma Q4 results: Net profit up 46% at Rs 194.48 cr on higher sales. GlaxoSmithKline Pharmaceuticals Ltd on Friday reported a 46 per cent increase in consolidated net profit at Rs 194.48 crore in the fourth quarter ended March 31, on the back of higher sales. The company had posted a net profit of Rs 133.43 crore in the cor

Zydus, MSN partner to license, supply affordable cancer tablets in the US. MSN Lab will manufacture and supply Cabozantinib; Zydus will handle marketing, distribution and sales

HC sets aside order directing SpiceJet to pay Rs 270 cr to Kalanithi Maran. The Delhi High Court overturned a single judge's ruling that upheld the validity of an arbitral award in favour of Kalanithi Maran

LT Foods Q4 results: Net profit rises 14% to Rs 150 cr on strong sales. LT Foods, owner of basmati rice brands 'Daawat' and 'Royal', on Friday posted a 14 per cent jump in consolidated net profit at Rs 150.24 crore for the fourth quarter of fiscal 2023-24 on robust sales. The company's profit stood at Rs 131.81 crore a year ea

JSW Steel Q4 results: Net profit declines nearly 65% to Rs 1,299 crore. JSW Steel Q4 FY24 results: The company recommended a final dividend of Rs 7.30 per fully paid-up equity share of Re.1 each for the year ended on March 31, 2024

Zydus Lifesciences Q4 results: Net profit sees 4-fold jump at Rs 1,182 cr. Indian generic drugmakers, which draw a significant share of revenue from the crucial U.S. market, are recovering from the effects of eroding prices in the largest drug market in the world

Wipro COO Amit Choudhary steps down, Sanjeev Jain to take charge. Jain will report to chief executive officer Srinivas Pallia and will continue to be a member of Wipro's Executive Committee

BEML bags order worth Rs 250 cr from Northern Coalfields for dump trucks. BEML Ltd has secured an order worth Rs 250 crore from Northern Coal Fields Limited (NCL) for the supply of 28 units of BH100 rear dump trucks, the company said on Friday. The BH100 rear dump truck is engineered to transport payloads of up to 100 tonnes, sp

Bengaluru water crisis: Swiggy Instamart to deliver aerators in 10 minutes. Swiggy Instamart saw an 1400% increase in the searches for aerators on its platform since BWSSB's mandate for the installation of aerators in commercial establishments

TV Today Network Q4 results: Net profit rises nearly 2-fold to Rs 11.46 cr. TV Today Network Ltd on Friday reported nearly two-fold rise in consolidated net profit to Rs 11.46 crore in the March quarter on the back of higher revenue from television and other media operations. The company had posted a consolidated net profit of Rs

Bandhan Bank Q4 results: Net profit declines 93% to Rs 54.63 crore. Bandhan Bank's provisions and contingencies jumped to Rs 1,774 crore from Rs 735 crore a year earlier

RBI okays appointment of Natarajan as IDFC FIRST Bank's whole time director. The Reserve Bank of India (RBI) has approved the appointment of Pradeep Natarajan as Whole Time Director on the Board of IDFC FIRST Bank, the private sector lender said. "RBI...has accorded its approval to appoint Pradeep Natarajan as Whole Time Director,

Automakers Volkswagen, Renault end talks to develop affordable EV: Report. VW sources said a decision on the EV plan is expected within weeks. Thomas Schaefer, CEO of the Volkswagen brand, has said he wants to launch a lower-priced EV by 2027

Zee Entertainment Q4 results: Posts consolidated net profit of Rs 13.35 cr. Zee Entertainment Enterprises Ltd on Friday reported a consolidated net profit of Rs 13.35 crore in the March quarter. The company had posted a consolidated net loss of Rs 196.03 crore in the same period of the previous fiscal, Zee Entertainment Enterprise

Zydus Lifesciences Q4 results: Profit rises four-fold to Rs 1,179 crore. On a sequential basis, the company exhibited a 22.83 per cent increase in revenue, the PAT also rose by 53.57 per cent

SII to acquire 20% stake in needle-free tech company IntegriMedical. The collaboration leverages SII's manufacturing and distribution strength with IntegriMedical's innovative technology

GSK Pharma Q4 results: Profit rises 45% on growth in NLEM drugs, vaccines. The board has recommended a dividend of Rs 32 per equity share on face value of Rs 10 each for the year ended 31 March 2024, subject to approval of members at 99th Annual General Meeting

EV maker Tesla 'silent'; yet to communicate its India plans: Report. US electric carmaker Tesla is 'silent' and yet to communicate its India plans to the government under the new EV policy, an official said on Friday. American tech billionaire Elon Musk, who was scheduled to visit India on April 21-22, had postponed his vis

JSW Steel Q4FY24 results: Net profit falls 64.5% to Rs 1,299 crore. The company also announced the appointment of Swayam Saurabh as the chief financial officer (CFO Designate), who will take over from Rajeev Pai next month

Creditors' haircuts in bankruptcy cases jump to 73% in FY24: Report. The haircuts taken by creditors in bankruptcy resolutions have increased to 73 per cent in FY24 from the 64 per cent in FY23, a report said on Friday. A total of 269 resolution plans were approved by the National Company Law Tribunals (NCLTs) in FY24, up f

Delhivery Q4 results: Net loss narrows to Rs 68 cr, total income up 13.5%. The company reported a consolidated loss of Rs 68.47 crore (.21 million) for the quarter ended March 31, compared with a loss of Rs 159 crore a year ago

Adani Ports & SEZ shares stable a day after Norway's Norges Bank exit. Norges had cited Adani's investment in a port in Myanmar for its decision

5G rollout to begin in 6 months but 4G remains priority: Vi CEO Moondra. Says paying more for using more should be the focus for any tariff rise

Paint companies Asian Paints and Berger Paints start slashing prices. Paint companies remain unperturbed with competition heating up

Delhi HC junks order directing SpiceJet to pay Rs 270 cr to Kalanithi Maran. Kal Airways and Maran had moved the Delhi High Court on August 9, 2023, seeking 50 per cent of the daily revenue collection of low-cost carrier SpiceJet to be paid to them on a weekly basis

Medanta Hospitals Q4 results: Net profit up 25%, revenue rises 14.3%. The hospital operator's revenue from operations rose to Rs 808.6 crore in Q4 FY24, a 14.3 per cent rise from Rs 707 crore in Q4 FY23

RBI flags concerns over functioning of asset reconstruction companies. Swaminathan J urged ARCs to adopt an approach where there is compliance "with both the letter of the regulation and also its spirit," the central bank said in a statement

Banks classify Reliance Infrastructure's HK Toll as NPA in Jan-March. Recently, RBI proposed to increase standard asset provision requirements for project loans during the construction phase to 5% from 0.40% now

JB Pharma Q4 results: Net profit soars 43% to Rs 126 cr, revenue up 13%. For the full year of FY24, JB Pharma posted an 11 per cent Y-o-Y increase in revenue and a 35 per cent increase in PAT, reaching Rs 3,484 crore and Rs 553 crore respectively

Bandhan Bank's Q4FY24 results: Net profit declines to Rs 54.6 crore. The bank said that as a prudent measure and in accordance with its policy, it had technically written off loans amounting to Rs 3,852 crore

PB Fintech's Dahiya, Bansal divest Rs 1,109 crore worth of shares. They sold 8.37 million shares at Rs 1,325 apiece. Among the buyers were over two dozen funds, which included Morgan Stanley, Societe Generale, Axis Mutual Fund, and New World Fund

Government-backed ONDC to onboard Zerodha, Cars24, 10 other unicorns. ONDC in 'serious discussions' with Amazon, Flipkart to join the network

Govt puts interim stay on order suspending making of 14 Patanjali drugs. An interim stay was put on Friday on the implementation of an order suspending manufacturing licences of more than a dozen medicines of Patanjali Ayurved Ltd and Divya Pharmacy. The interim stay is being imposed with immediate effect on the basis of a prel

Godrej re-appoints Tanya Dubash as executive director, chief brand officer. The company also said that Dubash is not barred from holding the office of director by virtue of any order of the Securities and Exchange Board of India (SEBI) or any other such authority

IFC extends 0 million credit line to HDFC Bank for micro loans. Presently, non-banking financial companies (NBFCs), including microfinance institutions (MFIs) and small finance banks, are the major lenders to women seeking loans for income generation purposes

40 start-ups extend support to Digital Competition Bill in a letter to MCA. In the letter, the start-ups have also requested an upward revision of the thresholds for designating Systematically Significant Digital Enterprises (SSDEs)

Mankind Pharma open to acquisitions; board okays Rs 7,500 cr fundraise. The drug maker was reportedly interested in buying private equity (PE) firm Advent International's stake in Mumbai-based biopharma firm Bharat Serums and Vaccines (BSV)

Netflix nears deal for 2 NFL games on Christmas, extending push into sports. The three-season pact will also see Netflix host at least one Christmas game in both 2025 and 2026, the league and the company announced on Wednesday

Gail Q4 results: Consolidated net profit jumps 2.8-times to Rs 2,469 crore. Latest rise was due to low base in Q4 FY23 as a result of supply disruptions

Nepal bans 'Everest, MDH Masala' brand, starts test for ethylene oxide. Nepal has banned these two spice brands after the news about high levels of ethylene oxide traces in the products

Tech Mahindra, IBM to assist businesses worldwide in adoption of GenAI. IT company Tech Mahindra on Thursday said it has collaborated with IBM to assist businesses worldwide in responsibly accelerating the adoption of generative AI (GenAI). Under the partnership, TechM amplifAI and IBM watsonx will integrate to bring new GenAI

Gail Q4 results: Profit slips 22% at Rs 2,177 cr from Q3, revenue down 6%. Gail Q4 FY24 results: Consolidated net profit of the country's largest gas distributer grew multi-fold compared to Q4 FY23

Zoho plans 0 mn foray into chipmaking, seeks incentives from govt. Semiconductors are a key plank of India's business agenda, with a billion package in place to boost the industry as it hopes to compete with countries such as Taiwan in a few years

Netgear explores possibility of building manufacturing facilities in India. Netgear, a global leader in networking technology, is exploring the possibility of establishing manufacturing facilities in India, the company said on Thursday. The inauguration of two new office floors for research and development here exemplifies the Nas

China's Baidu tops quarterly revenue estimates on ad recovery, cloud demand. Baidu has recently intensified its efforts to boost sales from its AI-related products and services

Samco Asset Management eyes Rs 500 cr from special opportunities fund. Samco Asset Management expects to mop up Rs 500 crore from its new fund offer that tracks long-term capital growth through undervalued or overlooked opportunities, a top company official said on Thursday. The new fund offering (NFO) would open on May 17 an

A-I ceased to be 'State' or its instrumentality post disinvestment: SC. Air India Limited (AIL) ceased to be State or its instrumentality under Article 12 of the Constitution after its disinvestment and take over by the Tata Group in January 2022, and no case of alleged violation of fundamental right would lie against it, the

Reliance Retail to sell British online retailer ASOS' products in India. The partnership is the latest in a string of deals by Reliance Retail, which has brought international brands such as American jewellery seller Tiffany & Co and French luxury brand Balenciaga to India

Netgear looks to expand in India as part of global growth strategy. India is the fastest-growing economy in the world and one of the high-growth nations within Netgear as well, said Charles Prober, chief executive officer of Netgear

Crompton Greaves Consumer Electricals Q4 net profit rises to Rs 133.43 cr. Crompton Greaves Consumer Electricals Ltd on Thursday posted a 1.43 per cent increase in consolidated net profit to Rs 133.43 crore in the March 2024 quarter. The company reported a consolidated net profit of Rs 131.55 crore a year ago, Crompton Greaves Co

V-Guard Q4 results: Net profit rises to Rs 76 cr on strong demand. V-Guard's revenue rose by 17.9% to Rs 1,343 crore, driven primarily by the company's core electrical segment, which rose 10.7%

Biocon Q4 results: Profit drops 57% to Rs 135 crore; revenue up 4%. Biocon Q4FY24 results: The company board has recommended a final dividend at the rate of 10 per cent i.e. Re. 0.50 per equity share

AIG to sell 20% stake in Corebridge to Japan's Nippon Life for .8 bn. J.P. Morgan Securities advised AIG on the deal, which is expected to close by the first quarter of 2025

Reliance Retail to bring UK's leading online fashion retailer ASOS to India. Reliance Retail will introduce ASOS's curated portfolio of fashion-led own brand labels to the Indian market through a multi-channel presence for ASOS and a diverse array of retail formats

Motherson Sumi Wiring Q4 results: Net profit rises 38% to Rs 191.44 cr. Auto components maker Motherson Sumi Wiring India Ltd on Thursday reported a 38.3 per cent rise in net profit to Rs 191.44 crore in the fourth quarter ended March 2024. The company had posted a net profit of Rs 138.47 crore in the same quarter a year ago,

Anil Agarwal-led Vedanta's board approves fundraise of up to billion. This is the second time that the company is raising funds in the current fiscal year. Last month, it said it would raise up to 0 million through debt securities

M&M Q4 results: PAT rises 4% to Rs 2,754 crore on strong auto biz. Farm business PAT grew 2 per cent in FY24 when industry volumes declined

Facebook, Instagram face new scrutiny under EU's strict digital regulations. The European Union opened fresh investigations Thursday into Facebook and Instagram over suspicions that they're failing to protect children online, in violation of the bloc's strict digital regulations for social media platforms. It's the latest round of

Brookfield REIT Q4 results: Net operating income rises 89% at Rs 461 cr. Brookfield India Real Estate Trust (BIRET) on Thursday reported an 89 per cent rise in its adjusted net operating income to Rs 460.8 crore during the March quarter and announced distribution of Rs 208.6 crore to unitholders. Its net operating income (NOI)

Akzo Nobel India Q4 results: Net profit rises 13.94% to Rs 108.7 cr. Paints and coatings maker Akzo Nobel India Ltd on Thursday reported a 13.94 per cent increase in consolidated net profit to Rs 108.7 crore in the fourth quarter ended March 2024, driven by volume growth. The company had posted a consolidated net profit of

Info Edge Q4 results: Net profit at Rs 88 crore, revenue rises 7.9%. Naukri.com owner Info Edge posted a consolidated net profit of Rs 87.9 crore in the fourth quarter ended March 31, 2024. The company had registered a loss of Rs 503.1 crore in the year-ago period. The consolidated revenue of operations increased 8.7 per ce

500 customers in India have adopted AI, GenAI: Microsoft India MD Ghose. According to Microsoft and LinkedIn's Work Trend Index, 92 per cent of India's knowledge workers use AI at work, as compared to the global figure of 75 per cent

Microsoft asks some China-based staff to relocate amid Sino-US tensions. Microsoft is asking about 700 to 800 people who are involved in machine learning and other cloud computing-related work to consider relocating, according to the Wall Street Journal

Angel One launches edutainment financial content platform Fin One. Fin One will provide guidance on cryptocurrency investment strategies and risk management while collaborating with industry experts and blockchain professionals

Voda Idea Q4 results: Net loss widens to Rs 7,674 cr, Arpu at Rs 146. The telco's finance cost increased to Rs 6,280.3 crore in Q4, shooting up by 25.5 per cent from Rs 6,284 crore in the same quarter of the previous year

Infibeam Avenues Q4FY24 results: Net profit rises 26.2% to Rs 49.6 crore. In financial year 2024 (FY24), the company reported a net profit of Rs 158.1 crore, up 13 per cent from Rs 139.6 crore in the previous financial year (FY23)

SBI MF adds automotive opportunities fund to its thematic line-up. According to fund house, the growing demand for premium automobiles & rising electric vehicle adoption also bodes well for the cos in this sector, while bringing new investment options to the fold

JK Paper Q4FY24 results: Net profit declines 2.44% to Rs 276.6 crore. JK Paper Ltd on Thursday reported a 2.44 per cent decline in consolidated net profit to Rs 276.6 crore for the fourth quarter ended March 2024, impacted by higher raw material cost and lower realisation across categories. The company had posted a consolida

M&M lines up Rs 37,000 crore investments in auto, farm, services biz. Board endorses Rs 12K cr EV boost; Rs 27K cr total auto investment

Biocon Q4 results: Net profit tanks 57% to Rs 136 cr; revenue up 0.94%. Biocon has re-appointed Kiran Mazumdar Shaw as an Executive Director of the company for a further period of 5 years starting April 2025

Electric vehicle components maker Matel raises million in funding. Founded in 2017, Matel manufactures synchronous machines and motor controllers for e-mobility, industrial applications, agricultural pumping, and the HVAC sector

Ola Cabs CFO Kartik Gupta quits after seven months of taking the role. Before joining Ola, Gupta worked as the Vice President and Regional CFO of Asia Pacific, Middle East and Africa at Procter and Gamble for over 17 years

Kesoram Industries chairperson Manjushree Khaitan passes away in Kolkata. The tyre business was demerged some years back and acquired by Himadri Speciality Chemical and Dalmia Bharat Refractories under a corporate insolvency resolution

Jio, Airtel, Vi deposited Rs 4,350 crore for upcoming spectrum auctions. Reliance Jio had a net worth of Rs 2.31 trillion followed by Airtel with Rs 86,260 crore, DoT said. Vodafone Idea had a negative net worth of Rs 1.16 trillion

Venu Sports: Disney-Fox-WBD sports-streaming venture to be launched soon. Announced in February, the service will try to woo younger viewers who are not tuned in to cable TV with bundled offering of the companies' broad portfolio of professional and collegiate sports rights

PhonePe collaborates with LankaPay to promote UPI payments in Sri Lanka. Apart from the National Payments Corporation of India's (NPCI) UPI, these transactions will be facilitated by the LankaPay National Payment Network

Integration of frequent flyer programs of Vistara, Air India begins. The integration of approximately 7,000 employees of Vistara will begin in June, with its merger into Air India targeted to be completed by the year-end, Air India CEO Campbell Wilson said on Monday

Mankind Pharma Q4 results: Net profit up by 62%, revenue rises by 18.9%. Mankind's revenue from operations rose to Rs 2,441 crore in Q4 FY24, an 18.9 per cent Y-o-Y rise from Rs 2,052 crore reported in Q4 FY23

State Bank of India hikes short term retail FD rates by 25-75 bps. Also hikes bulk deposit rates; other lenders may follow suit

NLC India Q4 results: PAT declines 86% to Rs 114 cr due to lower income. State-owned NLC India Ltd on Wednesday reported 86.2 per cent drop in consolidated net profit to Rs 114.23 crore for the March quarter due to lower income. The company had posted consolidated profit of Rs 829.67 crore in the year-ago period, NLC India said

CEO's growth correlation remark not meant to doubt GDP data: Asian Paints. Asian Paints Ltd on Wednesday said its Managing Director & CEO Amit Syngle's comments on correlation between growth in the paint industry and the GDP were not meant to question the sanctity of the GDP numbers. In a clarification shared on the stock exchang

Canara Bank, JSW Energy among companies getting added to MSCI indexes. India's Canara Bank, Indonesian chemical firm Chandra Asri Pacific and Indian power generator JSW Energy will be the three largest additions to the MSCI emerging markets index

Thomas Cook India Q4 result: PAT at Rs 58 cr, total income up 27.84%. Travel services provider Thomas Cook (India) Ltd on Wednesday reported a consolidated net profit of Rs 58.17 crore for the fourth quarter ended March 2024. The company had posted a consolidated net loss of Rs 10.22 crore in the same quarter a year ago, Tho

CMS Info Systems Q4 results: Net profit jumps 23% to Rs 99.4 crore. Banking logistics and technology player CMS Info Systems on Wednesday reported a 23 per cent jump in its March quarter net profit at Rs 99.4 crore. The company had reported a post-tax profit of Rs 80.6 crore in the year-ago period. The company reported a 2

Leaning in: Isha Ambani beyond Reliance Retail, promotes women to opt STEM. 'A male-dominated STEM/ICT landscape, where women are under-represented, will rob India of its opportunity to rule the roost,' Ambani said

Premium TVs to drive growth in segment for LG, expects to grow at 30%. The 55-inch TV category is fast becoming a bigger chunk of the market for the company, recording a growth of 30-35 per cent

LIC Housing Finance Q4 result: Net profit down 7.5% to Rs 1091 cr. Mortgage financier LIC Housing Finance on Wednesday reported a 7.5 per cent decline in its profit at Rs 1,091 crore in the fourth quarter ended in March 2024. LIC promoted housing finance company had reported a profit of Rs 1,180 crore in the year ago peri

JPMorgan CEO Jamie Dimon favors full engagement with China: Reports. China vowed retaliation, with its commerce ministry saying that Beijing was opposed to the tariff hikes and would take steps to defend its interests

Redington Q4 results: Net profit rises 5% to Rs 326 cr on gadgets demand. Affluent Indians are increasingly spending more than 30,000 rupees (1.30) on new smartphones, benefiting manufacturers and distributors such as Redington

As movies disappoint, PVR Inox may screen T20 Cricket World Cup, concerts. PVR Inox, which reported a net quarterly loss of Rs 130 crore (.6 million) on Tuesday, is building a portfolio of concerts, sports, and alternate events to attract crowds

Q4 FY24 results: RVNL, MOIL, Biocon among 84 firms to post earnings today. Q4 FY24 company results: Dixon Technologies, Jindal Stainless, Power Finance Corporation, Thomas Cook will also release their financial results

Cipla promoters sell 2.53% stake worth Rs 2,600 cr to fund philanthropy. In a stock exchange filing, the company said the stake sale was for the purpose of creating liquidity for specific needs, including philanthropy

India's maiden mythology OTT platform 'Hari Om' set to debut: Details here. Vibhu Agarwal, the force behind this project, has previously been involved with platforms like 'Ullu' and 'Atrangii'

LIC gets 3-year extension from Sebi to meet public shareholding norms. Sebi regulations require all listed companies to maintain a 25% public float, but firms with a post-issue market capitalisation exceeding Rs 1 trillion have a 5-year timeline to meet the 25% MPS rule

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