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Friday, Jun 13, 2025
The stock was down 9% in pre-market trading on Tuesday after the company cut its annual sales forecast and posted its slowest quarterly growth, prompting at least six brokerages to cut their price targets.
The board has declared an interim dividend of Rs 16.50 per share, an increase of 10% over FY22.
NDTV on Thursday cited a November 2020 ruling from the Securities and Exchange Board of India barring the Roys from accessing the securities market until November 26, 2022.
The insurance giant will offer a Rs 60 discount for policyholders and Rs 40 for retail investors and employees.
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