Wed, Jan 15, 2025 12:40 PM
Adani Ports gains 2% as Ventura initiates buy rating
A Flip by Swapnil Tiwari
Barflex Polyfilms' initial public offering garnered strong interest from investors, subscribing 120.73 times on January 15, the final day of bidding. The issue was opened subscription on January 10.The flexible packaging materials maker intends to raise Rs 39.42 crore through its 65.69 lakh equity shares at the upper end of price band of Rs 57-60 per share.
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Bank of Maharashtra on January 15 reported 36% y-o-y rise in its consolidated net profit at Rs 1,406.73 crore in the third quarter of FY25. On an annual basis, the bank's total income rose 22% to Rs 7,112.66 crore. After the announcement, Bank of Maharashtra shares closed 3% lower at Rs 51.14 apiece on January 15.
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The year 2024 was nothing short of a rollercoaster for Tata Motors, marked by sharp corrections from the highs and fears of a demand slowdown. But just when it seemed like a year of challenges, the company delivered a master stroke. In a moment no one saw coming, Tata Motors dethroned Maruti Suzuki to become India’s top carmaker for the first time in 40 years.
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