Thu, Jan 9, 2025 12:16 PM
P N Gadgil share price drops 3% amid strong Q3 business update
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Mumbai-based investment banking and asset management firm Avendus Capital said Thursday it has marked the first close of its third private equity fund and is looking to make its first bet from the vehicle in the healthcare sector. The Avendus Future Leaders Fund III, which was launched in May last year, has mopped up Rs 850 crore ($98.32 million), the firm said in a statement.
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HDFC Life share price surged 9.60% in early morning trade on Thursday, January 16 to a six-week high of ₹651 after the company’s Q3FY25 numbers exceeded Street estimates. This performance also prompted analysts to retain their ’buy’ recommendations on the stock. On Wednesday, post-market hours, the company reported a 15% increase in its consolidated net profit for the December quarter.
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Zee Media Corporation share price remains in focus on Thursday as it has announced redemption of NCD's worth ₹230 crore. The stock already remains in news with regards to its fund raising plans. The Zee Media Corporation on 15 January, 2025, post market hours has anounced that it has made the full payment towards the redemption of NCDs worth rupees Two Hundred and Thirty Crores only.
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