Sat, Apr 27, 2024 10:33 AM
Q4 results 2024: 13 companies to declare Q4 results today
A Flip by Riya Sharma
The sharp gains in shares of fast-moving consumer goods companies could be the likely start of outperformance that the sector is set to see over the next few months, said experts, with gains likely even if shares are bought at the current levels. Shares of Marico, Godrej Consumer Products, Hindustan Unilever, Dabur India, Emami, Britannia Industries and Nestle India ended 2-10% higher on Tuesday.
Open Flip
Aadhar Housing Finance Ltd, which is backed by private equity major Blackstone, on Tuesday said it has mobilised Rs 898 crore from anchor investors, a day before the launch of its initial public offering (IPO). The company has decided to allot 2.85 crore equity shares to 61 funds at Rs 315 apiece, which is also the upper end of the price band, according to a circular.
Open Flip
Mahindra & Mahindra Financial Services (M&M Finance) will increase due diligence around customer onboarding and bring all branches under centralised processes as it puts in place safeguards to ensure the fraud reported in its Aizwal branch is not repeated, CEO Raul Rebello told analysts in a conference call.
Open Flip
