Mon, Jul 1, 2024 2:22 PM
Budget 2024: Deciding investments based on expectations? Don’t!
A Flip by Shubhangi Gupta
Felix Pharmaceuticals, an Ireland-registered veterinary pharma company with Indian manufacturing facilities, seeks to raise fresh capital for expansion and to provide an exit for some existing investors. The company aims to raise funds to fuel its growth plans, while also giving some investors a chance to cash out. The exact amount to be raised is undisclosed.
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Shares of Gujarat Toolroom Ltd were locked in a 2% lower circuit to Rs 14.50/share. The BoD of company is scheduled to be held on Sat, July 06, 2024, at the registered office of Company in Ahmedabad. Disucssion for Increase of authorized share capital from Rs 56 cr divided into equity shares of face value Re 1/share & proposal of raising funds by through QIP or through any other permissible mode.
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📌Occidental Petroleum, with a $16 bn stake, is a well-managed oil giant with vast US holdings and leadership in carbon-capture initiatives. 📌Kraft Heinz, a consumer goods company, has a strong dividend yield and is becoming a reliable cash cow. 📌Visa, a credit card company, is poised to benefit from the growing payment space with its independently managed innovation centers and rewards program.
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