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The Indian stock market has experienced a slight decline of 1.7% over the last week, yet it boasts an impressive annual growth of 38%, with earnings projected to increase by 16% per annum. In such a robust market, companies with high insider ownership can be particularly appealing, as this often reflects confidence from those who know the business best.
A total of 1,779 shares changed hands on the counter till 01:08PM (IST).
The Nifty experienced a decline of 183 points, closing near the 22,700 level, and formed a "dark cloud cover" candlestick pattern, a bearish signal. The Indian market saw its worst session in nearly three weeks on Wednesday, dragged down by losses in heavyweight financials and IT stocks.
Adda247, Google-backed EdTech platform, sees 88% revenue jump, reduced net loss, and plans expansion into skilling and education sectors.
Get latest articles and stories on Business at LatestLY. According to a press release, these startups were chosen from over 100 participating technology and gaming companies and technology colleges by a panel of industry veterans. Business News | DPIIT-WinZO Partner to Showcase Talent at Gamescom Latam; India's Top Gaming Startups to Shine on Global Stage.