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BJP's decisive victory in Maharashtra has sparked a surge in real estate stocks, with the Nifty Realty index rising over 3%. Key players like Godrej Properties, DLF, and Prestige Estates saw gains of 1-7%, driven by optimism for renewed infrastructure focus in the state after years of political instability. Analysts believe this consolidation in governance will enhance sentiment and accelerate stalled development projects.
Major companies including Coal India, JSW Steel, DLF, and Interglobe Aviation are set to release their Q2 earnings reports today, joining a wave of firms that have already reported results. Notable performances include Reliance Industries with a profit decline of 4.8%, while HCL Technologies and TCS reported profit increases of 10.5% and 5.0%, respectively. ICRA's profit rose by 15.6% to Rs 36.72 crore, and Oracle Financial Services Software saw a significant profit increase of 38.4% to Rs 577.70 crore.
The Phoenix Mills Limited
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Maharashtra election win boosts real estate stocks and Nifty Realty index
DLF
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Godrej Properties Limited
Brigade Enterprises Limited
The Phoenix Mills Limited
Macrotech Developers Limited
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07:59 25.11.2024
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17:57 25.10.2024
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