Pirojshaw Sarkari, CEO At Mahindra Logistics Stock

Pirojshaw Sarkari, CEO At Mahindra Logistics – Key highlights form the conversation:

✅ There is no one off incidence.

✅ Margin will continue to expand.

✅ Increase in value added services business to aid margins.

✅ Improved warehousing, distribution business post gst will help margin expansion.          

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HCC Stock Headed For Record Drop As Unit Defaults

Gold Silver Reports (GSR) – HCC Headed For Record Drop As Unit Defaults – Shares of the Mumbai-based infrastructure construction firm fell as much as 24.2 percent and is headed for steepest single-day loss since Jan. 1991 listing after unit. The company’s unit, Lavasa Corporation Ltd., is considering a resolution plan for its outstanding debt and is in the process of restructuring bonds after a payment default.

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Vedanta Stock Declines Ahead Of Quarterly Results Announcement; Xiaomi Files in Hong Kong for World’s Biggest IPO Since 2014

Gold Silver Reports (GSR) – Vedanta Declines Ahead Of Quarterly Results Announcement – Shares of the base metal producer extended declines for the second day and fell as much as 2.1 percent to Rs 277.35, ahead of its March quarter results announcement. Analysts surveyed by Bloomberg predict the company’s net profit to decline 13.7 percent on a yearly basis to Rs 2,579 crore.

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Iranians Go for Gold Amid Currency Turmoil, U.S. Tensions

Gold prices rise over 4% in January 2025

Gold Silver Reports (GSR) – Iranians Go for Gold Amid Currency Turmoil, U.S. Tensions — Gold coin and bar demand in the Persian Gulf nation soared to 9.3 tons in the first quarter, a three-year high, on “investor concerns over worsening Iranian-U.S. relations and the prospect of currency controls,” the World Gold Council said Thursday in a report.

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China Shunning U.S. Soybeans on Trade Tensions

Gold Silver Reports (GSR) – China Shunning U.S. Soybeans on Trade Tensions — “Whatever they’re buying is non-U.S.,” Bunge Ltd. Chief Executive Officer Soren Schroder said in a telephone interview Wednesday. “They’re buying beans in Canada, in Brazil, mostly Brazil, but very deliberately not buying anything from the U.S.”                       

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