PVC, solid, waste and rain pipes manufacturer, Skipper, has retained its revenue growth guidance of 25% CAGR (compound annual growth rate) over the next two years. "We have the order book to support that and again, the effort will be certainly to far exceed that guidance as well," the company's Director Sharan Bansal told CNBC-TV18.
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SME IPO frenzy, which had surprised many in the past couple of years, has caught further wind this year with the total fundraise in the first four months already half of what was seen in 2023. The number of issues and the overall fund activity this year is set to surpass 2023 levels, according to market participants. As of April 30, 73 companies got listed on SME platforms- BSE SME and NSE Emerge.
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Thrissur based South Indian Bank is looking at growing deposits by 11% in financial year 2024-25, said P Seshadri, Managing Director and Chief Executive Officer (MD and CEO). “After reporting a 11 percent growth in deposits in the financial year 2023-24, we are not looking at aggressively growing our deposits. We are aiming at around the same 11 percent growth in FY25,” Seshadri said.
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