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#249 Daily Money Show | Money Purse Stock Market News

Original: # 249 Daily Money Show | Money Purse Stock Market News

58.8K views · Feb 10, 2022 · 13:47 min · Watch on YouTube ↗
Takeaway

Quiet session with fashion-vertical company posting strong growth and EV-component firm flagged for defence/security exposure.

Summary

  • Sensex closed at 58,926 points; Nifty up 142 to 17,605; mid-cap +0.28%, small-cap +0.10%
  • EV component company referenced (motors, vehicle/motor controls, EV transmission, telematics, BMS) reported defense and security segment growth
  • Iran air bases sales fell 36% YoY but QoQ growth was 24%; EBITDA margins improved sharply
  • Fashion vertical posted 23% QoQ and 278% YoY growth; new customer acquisitions and international brand launches driving expansion
Daily Money ShowEV ComponentsFashion RetailEarnings
Original description
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