The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ubs group invests rs 1938 crore in 29 companies including reliance and fortis
UBS Group has acquired shares in 29 companies, including Fortis Healthcare, Max Financial Services, Reliance Industries, Blue Star, and Hyundai Motor India, for a total of Rs 1,938 crore through open market transactions. Notable purchases include Rs 164 crore in Fortis Healthcare and Rs 144 crore in Max Financial Services. Following the acquisitions, shares of Fortis Healthcare, Blue Star, and Reliance Industries experienced declines on the National Stock Exchange.
LG India Achieves Strong Profit Margins Amidst Competitive Consumer Durables Market
LG Electronics has reported a profit margin of 10.42 percent for FY24, outperforming competitors like Samsung India and other household appliance manufacturers such as Voltas and Whirlpool. The company credits its superior margins to high operating efficiency and boasts one of the largest in-house production capacities in the industry.
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