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Stocks to Watch: GAIL, Hindustan Copper, Hero MotoCorp and more
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GAIL: GAIL (India) Ltd. has inaugurated its first 10 MW green hydrogen plant under the National Green Hydrogen Mission in Vijaipur, Madhya Pradesh.(/legend)![Hindustan Copper stock price, Hindustan Copper stock, Hindustan Copper](data:image/gif;base64,R0lGODlhAQABAIAAAP//////zCH5BAEHAAAALAAAAAABAAEAAAICRAEAOw==)
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Hindustan Copper: The company’s net profit declined 6% to ₹124.8 crore. This was driven by a 62% year-on-year decline in Hindustan Copper’s other revenues during the quarter.
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MM Forgings: The hot forgings maker will hold a board meeting on May 29 to consider a free issue of shares, as well as its March quarter results.
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Hero MotoCorp: The company’s tax demand has been reduced from Rs 604.87 crore to Rs 177.96 crore for assessment years 2013-14 to 2017-18 and 2019-20 and the company has filed appeals against this one. The company had filed tax rectification applications in respect of reassessment orders dated March 30, 2024 for assessment years 2013-14 to 2017-18 and 2019-20.
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EasyTrip: Company founder Nishant Pitti withdrew his bid for Go First. “We decided to withdraw from GoFirst’s bid to focus on our core strengths,” he says.
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The US FDA classifies the formulation manufacturing unit of Eugia, a subsidiary of Aurobindo Pharma, in Pashamylaram, Telangana, as Officially Indicated Action.
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