The stock gave multibagger returns of 275 per cent in just 1 year, 5,000 per cent in 3 years and a whopping 7,000 per cent in 5 years. Today, shares of Lorenzini Apparels Ltd plunged 2 per cent to Rs 27.95 per share from its previous closing of Rs 28.50 per share. The stock’s 52-week high is Rs 33.02 while its 52-week low is Rs 6.78.
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Interest rate cuts in India are "off the table" in fiscal year 2024/25 given the change in the Federal Reserve's policy path and strong growth in the South Asian nation, analysts at Morgan Stanley said on Tuesday. "We believe that improving productivity growth, rising investment rate, and inflation tracking above the target of 4%, alongside a higher terminal Fed funds rate.
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