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FIIs shareholding limit in CMC enhanced up to 35%

Foreign investors have been allowed to purchase up to 35 percent shares in CMC Limited upon the permissible limit for such investments going below the trigger limit.

CMC shares hit record high on robust Q3 earnings

Shares of IT solutions provider CMC Monday soared by nearly 9 percent to touch a record high, after the company reported 47.59 percent increase in consolidated net profit for the quarter ended December 31.