Noida's Trident Realty raises Rs 1,200 crore through sale of assets
Sat, Apr 20, 2024 11:09 AM

Noida's Trident Realty raises Rs 1,200 crore through sale of assets

A Flip by Shubhangi Gupta
Get it on Google Play
Noida-based Trident Realty has raised ₹1,200 crore through sale of assets, including Shipra Mall in Ghaziabad and a land parcel in Gurugram, as part of plans to focus on its residential business and exit non-core assets, said people. The company plans to use the proceeds to strengthen its residential portfolio, as it has lined up projects worth ₹15,000 crore for launch in 2024-25.

More great flips

Amkay Products IPO Day 3: GMP Jumps, Subscriptions At 296x

Amkay Products IPO Day 3: GMP Jumps, Subscriptions At 296x

Amkay Products IPO aiming to raise ₹12.61 crore. The IPO, which opened for subscription on April 30, 2024, and is set to close on May 3, 2024, has garnered significant interest from various investor categories. Amkay IPO Subscription Status As of 11:21 am on Day 3, the Amkay Products IPO was subscribed 296.52 times. The Non-Institutional Investors (NII) category saw a massive oversubscription.

Open Flip
Why is Nifty 50 making a series of lifetime highs?

Why is Nifty 50 making a series of lifetime highs?

Stock market today: Continuing its upward trajectory from Thursday, the Indian stock market experienced a significant rally in early morning trading as the Nifty 50 reached a new milestone of 22,794, surpassing its previous high of 22,783 set earlier this week on Tuesday. This achievement underscores the market's resilience and upward trend.

Open Flip
JBM Auto Standalone March 2024 Net Sales at Rs 1,331.83 crore

JBM Auto Standalone March 2024 Net Sales at Rs 1,331.83 crore

Reported Standalone quarterly numbers for JBM Auto are:Net Sales at Rs 1,331.83 crore in March 2024 up 38.17% from Rs. 963.88 crore in March 2023.Quarterly Net Profit at Rs. 10.13 crore in March 2024 down 62.22% from Rs. 26.81 crore in March 2023.EBITDA stands at Rs. 73.39 crore in March 2024 down 21.58% from Rs. 93.58 crore in March 2023.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon