Thu, Jan 9, 2025 9:13 AM
Parmeshwar Metal shares to debut on BSE SME platform today
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Digital cable TV and broadband service provider GTPL Hathway Ltd on Thursday (January 8) reported a 57.2% year-on-year (YoY) decline in net profit at ₹10.1 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, GTPL Hathway posted a net profit of ₹23.6 crore, the company said in a regulatory filing.
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De La Rue Plc got a takeover approach for the entire company by the same investors who proposed to buy almost half of the British currency printer last year. Disruptive Capital GP Ltd. and Pension SuperFund Capital are making a preliminary conditional cash offer for £1.25 a share, the same price as earlier, De La Rue said Thursday. That’s 22% above Wednesday’s close.
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The rupee recovered slightly from its record low and settled with a gain of 4 paise at 85.87 (provisional) against the USD on Thursday amid firm American currency and elevated level of crude oil prices. Per forex analysts, relentless selling in domestic equities and outflow of foreign capital kept the local unit under pressure, while dollar strengthened on improved macroeconomic prospects in US.
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