News for Dhunseri Tea & Industries Limited (DHUNTEAIND.BO)

Dhunseri Tea & Industries Limited reports a narrowed net loss in Q4 and FY23, specializing in tea production, distribution, and tea packaging units.

Ahluwalia Contracts (India) jumped 6.73 per cent to Rs 468.45 after the company secured an order for Construction of 5000 seating capacity public auditorium at Guwahati

Dhunseri Tea said the company has signed a memorandum of understanding (MoU) with Apeejay Tea for acquisition of two tea estates located in Tinsukia district of Assam for Rs 109 crore in cash consideration

Indian equity markets came off day's highs after turning positive as the Reserve Bank of India (RBI) retained the FY23 GDP growth forecast at 7.2 per cent. Sectorally, Banks, Financials, Metals, PSBs and Realty indices held strong gains on the Nifty. While, Auto, Pharma, FMCG and Consumer Durables were subdued.

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Karan Pai believes that the 17,200 mark in the coming sessions is going to be a key level to watch.