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Groww

Logo of telegram channel growwhq — Groww G
Logo of telegram channel growwhq — Groww
Channel address: @growwhq
Categories: Economics , Investments
Language: English
Subscribers: 179.79K
Description from channel

The official Telegram channel for Groww
👇Get latest updates about stocks, mutual funds and investing
⚡ Insights on Investment
👨‍🎓 Strictly for Educational purposes
🚫 No buy/sell recommendations
🌐 https://groww.in
📺 https://youtube.com/c/groww

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The latest Messages 169

2021-09-22 15:47:50 There are so many talks going around the Evergrande debt crisis in China off-late.

Watch this video to know all the details
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Click HERE.
6.6K views12:47
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2021-09-22 12:28:42 Who doesn't want to Buy Now & Pay Later?
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Learn more about this interesting concept HERE.
6.9K viewsedited  09:28
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2021-09-22 10:41:46
Stock Update
The share price of Godrej Properties Ltd has hit its 52-week high surging up by 10.17% as of 1:10 pm today.

Why?
The company achieved sales of ₹575 crores in a single day at the launch of the second phase of its project Godrej Woods in Noida.
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Read the full story HERE.
7.1K viewsedited  07:41
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2021-09-22 10:31:41 The stock of Zee Entertainment, one of the largest media and entertainment companies in the market, jumped nearly 20% today on the back of a merger deal with Sony Pictures India.
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Click HERE to read more.
6.9K views07:31
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2021-09-22 08:09:29 Stock Update
The share price of Zee Entertainment Enterprises was up by 23.70% as of 10:20 am today.

Why?
Zee Entertainment has signed a merger deal with Sony Pictures Networks India Private Limited according to which Sony Pictures Entertainment will infuse USD 1.575 billion in the merged entity.
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Read the full story HERE.
7.1K views05:09
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2021-09-22 07:45:00 IPO Alert

Today is 2nd day for applying in Paras Defence & Space Technologies' IPO!

Price Band: ₹165 - ₹175
Issue Size: ₹170.78 crores

Watch our detailed analysis on the company
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Click HERE.
7.3K views04:45
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2021-09-22 06:22:53 Stocks in News

Zee Entertainment has signed a merger deal with Sony Pictures Networks India Private Limited according to which Sony Pictures Entertainment will infuse USD 1.575 billion in the merged entity.

Post the merger, 47.07 percent stake will be held by shareholders of Zee Entertainment, while Sony Pictures Networks will hold a 52.93 percent stake in the merged entity.

Moreover, Punit Goenka will be the MD & CEO of the merged company for 5 years.
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Read the full story HERE.
7.3K views03:22
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2021-09-22 06:16:09 Stocks in News - 22 Sept 2021

1) Adani Ports: Indian authorities had seized nearly 3000 kg of Afghan Heroin from two containers at the Mundra port, a port run by Adani Ports and SEZ.

Issuing a clarification, the Adani group mentioned that it is only the port operator and does not have the authority to check shipments arriving at the port.

2) Infosys: Infosys announced its collaboration with ServiceNow. The collaboration is focused on providing enterprise-level service management for customers in manufacturing industries.

3) Indiabulls Housing Finance: The company will raise $165 million by issuing foreign currency convertible bonds (FCCBs).

4) Adani Enterprises: Adani Enterprises will invest $20 billion over 10 years in the renewable energy supply chain, including power generation, manufacturing, transmission, and distribution, chairman Gautam Adani mentioned.

5) TCS: TCS has been named a Leader in the Everest Group PEAK Matrix for Autonomous, Connected, Electric and Shared (ACES) Mobility Automotive Engineering Services.

6) Vedanta: Vedanta’s proposed investment to expand the capacity of an aluminum smelter in Odisha has reportedly been turned down.

7) Kotak Mahindra Bank: The company will acquire a 9.98% stake in KFin Technologies Private Limited for a consideration of approximately Rs. 310 crore.

8) Adani Power: The Union coal ministry has decided to cancel the allotment of Jharkhand’s Jitpur coal mine to Adani Power.

The reason behind the cancellation is that the company could not operationalize the mine on time.

9) KEC International: The company announced that it has bagged orders worth Rs 1,157 crore across its various businesses.
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For many more latest updates like these, click HERE.
7.8K viewsedited  03:16
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2021-09-21 20:00:42 Paras Defence and Space Technologies IPO Subscription Status

At the end of Day 1 for Paras Defence and Space Technologies IPO, its subscription status is as follows:

Qualified Institutional Buyers: 0.01 times
Non-Institutional Investors: 3.77 times
Retail Individual Investors: 31.36 times

Overall: 16.57 times
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Grey Market Premium (GMP)
The company is trading at a premium of ₹190 over its IPO issue price.
8.5K views17:00
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