Bank of Maharashtra’s whole business rose 19% year-on-year to Rs 4.35 lakh crore within the December quarter, compared with Rs three.66 lakh crore. The 30-share BSE benchmark Sensex surged 351 factors or 0.47% to settle at seventy four,228. High-weightage financials rose 0.8%, led by HDFC Bank, which gained 3% and hit its highest stage since January 17, after posting sequential progress in deposits in the March quarter. The Nifty Microcap 250 index has surged over one hundred pc in FY24, whereas during the same interval, the Nifty50 index has gained 27%. It’s noteworthy to know that ninety six out of the 250 stocks in the microcap index have turn into multibaggers in FY24, and in reality, 192 stocks have outperformed the Nifty Microcap index during this time frame.
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The retailer presently operates 526 outlets, predominantly within the Klang Valley. “Our plan is to open two to three stores a week or a mean of 10 outlets every month,” he says, pointing to planned new retailers in Negeri Sembilan, Johor and Melaka. “It is due to the grocery market turning into very versatile, in addition to the fast growth of the web platform,” he opines.
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“We are happy to have nice selection of quality recent produces made available to our clients in addition to our already wide selection of product distributions. We strongly believe that this Alliance will provide our prospects with consistent and affordable prices of fresh produces without sacrificing quality,” Chew said in a press release. Reliance Retail has appointed former Indian cricket captain Mahendra Singh Dhoni because the brand ambassador of JioMart, its e-commerce platform. The firm will launch its JioUtsav campaign on October 8, that includes Dhoni in a 45-second movie celebrating the festive season in India. JioMart goals to assist the digital retail revolution in India and plans to focus on its cross-category strategy, providing products across segments.
