Real estate firm Kalpataru Ltd has filed draft prospectus with market regulator SEBI to launch its initial public offering (IPO) for raising up to ₹1,590 crore, mainly to reduce debt. The Mumbai-based company has filed the draft red herring prospectus (DRHP) to launch its IPO, which comprises fresh issue of shares, having face value of…
Shares of vaccine and other medical product makers that can help combat a fast-spreading mpox virus strain advance, after the World Health Organization declared an outbreak in Africa a global health emergency. Medical tools supplier Precision System Science Co surged as much as 36 per cent in Japan, while virus detection kit maker Shanghai ZJ…
Pokarna: Net profit at Rs 33.10 cr vs Rs 17.90 cr, Revenue at Rs. 190 cr vs Rs 160 cr (YoY) (Positive) Fiem Industries: Net profit at Rs 49 cr vs Rs 35 cr, Revenue at Rs. 573 cr vs Rs 470 cr (YoY) (Positive) Astra Microwave: Net profit at Rs 7.2 cr vs loss…
SJVN Share Price / SJVN Stock Updates for August 14, 2024: SJVN shares on Wednesday climbed 7% on Q1 earnings boost, and closed 4% higher. State-owned hydropower company on Tuesday posted a 31% rise in consolidated net profit at ₹357.09 crore during June quarter, on account of higher income, as against ₹271.75 crore during the…
The initial public offering of Saraswati Saree Depot saw a robust response from all category investors as the issue closed with overall subscription of 107.52 times. All categories of investors, especially non-institutions, poured in money into the Kolhapur-headquartered IPO. The IPO came out with a price band of ₹152-160. The offer size was ₹160.01 crore…
Sensex and Nifty closed marginally higher on Wednesday, with both benchmark indices showing slight gains. The BSE Sensex rose 149.85 points, or 0.19 per cent, to close at 79,105.88, while the Nifty edged up 4.75 points, or 0.02 per cent, to end at 24,143.75. The day began on a cautious note, with the Sensex opening…
Target: ₹210 CMP: ₹189.20 FSN E-Commerce Ventures’ (Nykaa) Q1 was in line, as BPC GMV grew a healthy 27.7 per cent y-o-y. As per our assessment, this was also helped by consolidation of the e B2B business/man segment, without which core BPC GMV (ex of eB2B) may have grown 19-20 per cent y-o-y. The management…
Target: ₹11 CMP: ₹15.79 Vodafone Idea reported mixed performance for the quarter. It reported revenue of ₹10,510 crore (down 0.9 per cent q-o-q, down 1.4 per cent y-o-y). The sequential decline in revenue was due to 2.5 million decline in subscriber base to 210.1 million; while ARPU was flat sequentially at ₹146. The 4G addition…
Benchmark Sensex closed higher by 150 points on Wednesday, snapping its two-day losing streak following a rally in IT stocks amid a surge in the US markets. Also read: Rupee rises 2 paise to close at 83.95 against US dollar The 30-share BSE Sensex rose by 149.85 points or 0.19 per cent to settle at…
Hindalco Industries has said Aditya Birla Group Chairman Kumar Mangalam Birla’s children Ananya Birla and Aryaman Vikram Birla have been inducted on its board. The board of Hindalco Industries Ltd, at its meeting held on Tuesday, inducted Ananya Birla, and Aryaman Vikram Birla as Directors, the company said in a statement. Vedanta Ltd on Tuesday…
