Fri, Apr 19, 2024 3:27 PM
Do the rally in metals, other commodities, hint at reflation trade?
A Flip by Shubhangi Gupta
Lenders led by the State Bank of India have sought approval from the Reserve Bank of India to sell the ₹18,000 crore debt of realty company Jaiprakash Associates (JAL) to the National Asset Reconstruction Company of India (NARCL), said people with knowledge of the matter. If the RBI approves the deal, it will become NARCL's largest acquisition of the debt of a single company.
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Emudhra Q4 Results: Emudhra, a leading company, announced their Q4 results on 29 Apr, 2024, showcasing a remarkable performance. The company reported a significant increase in revenue by 29.79% year-over-year, along with a notable rise in profit by 32.63% YoY. Comparing to the previous quarter, Emudhra experienced a growth of 2.38% in revenue and 4.32% in profit.
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Nuvoco Vistas Corporation Q4 Results: Nuvoco Vistas Corporation declared their Q4 results on 30 Apr, 2024. The topline increased by 0.17% & the profit decreased by 50.09% YoY. Compared to the previous quarter, the revenue grew by 21.17% and the profit increased by 223.4%. The Selling, general & administrative expenses rose by 21.22% q-o-q & increased by 2.66% Y-o-Y.
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