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# 606 Daily Money Show | Money Purse Stock Market News

60.2K views · Jul 20, 2023 · 20:58 min · Watch on YouTube ↗
Takeaway

SEBI mutual fund TER reform and transformer company guidance frame the day's important regulatory and corporate updates.

Summary

  • SEBI consultation paper on new mutual fund TER (Total Expense Ratio) rules discussed.
  • Rs 395 crore manufacturing facility for a construction company; pharma manufacturing plant inspections noted.
  • Transformers and electrical company financial year 24 guidance: revenue growth 4-7% in constant currency, operating margins 20-22%.
  • Quarter-on-quarter expenses positive with margins improving 220bps; railways infra theme discussed.
SEBI TERtransformersmanufacturing
Original description
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