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#483 Daily Money Show | Money Purse Stock Market News

Original: # 483 Daily Money Show | Money Purse Stock Market News

47.8K views · Jan 19, 2023 · 15:14 min · Watch on YouTube ↗
Takeaway

India's path from $3T to $26T by 2047 is the macro tailwind; near-term, distillery capacity expansions and IT services growth at 14-23% remain investible.

Summary

  • Backs an India $26 trillion economy by 2047 long-term projection from a research institute, up from current ~$3 trillion.
  • ITN Consulting/IT services updates - operating revenue +23.9%, growth ~14.8% YoY, margin and PAT discussion.
  • Distillery sector capacity expansion - 200 KLPD to 320 KLPD, January 16 exchange filing.
  • Acquisition: Rs 112 crore upfront and Rs 1,128 crore remaining for an energy-related deal.
  • Generally a results-and-corporate-actions wrap.
india-2047distilleryit-services
Original description
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