Tue, Jul 27, 2021 12:34 PM
Rico Auto hits new 52-week high as board nods to three subsidiaries' merger
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U.S. stocks were higher, with the Dow Jones jumping over 150 points on Friday. Shares of Skechers U.S.A., Inc. SKX rose sharply during Friday's session after the company reported better-than-expected first-quarter FY24 earnings. Skechers reported first-quarter FY24 sales growth of 12.5% year-on-year to $2.251 billion, beating the analyst consensus estimate of $2.204 billion.
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Emerging market stocks rose Friday, cementing their biggest weekly advance in nine months, as Asian technology stocks got a boost from US corporate earnings that confirmed booming demand for artificial intelligence. Milei Fuels Wild Rally That Makes Peso No. 1 in World Plunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone.
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The stock is up by 92 per cent from its 52-week low of Rs 4.91 per share. Sharika Enterprises Limited has been awarded a Turnkey project by U.P. Power Transmission Corporation Limited (UPPTCL) for supplying and erecting outdoor equipment for two 145 KV Bays at a 400 KV substation located at Rasara, Ballia in Uttar Pradesh. This domestic project valued at Rs 2,94,65,496 needs to be completed.
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