Mon, Apr 29, 2024 10:30 AM
Rights issues 2024: Billwin Industries shares to trade ex-rights today
A Flip by Riya Sharma
Vibhu Agarwal, founder and CEO of Ullu, a video streaming platform primarily known for adult content, has launched a mythological OTT service called Hari Om, set to launch in June 2024 that will host only ‘U’ rated content, or programming that is suitable for all age groups. Hari Om is a destination for experiencing Indian heritage and religious content.
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KR Choksey's research report on Cipla: The Q4FY24 performance was a mixed bag with hits and misses across line items. The net income was higher by 7% vs. estimates. We increase our EPS estimates by 4%/3% for FY25E/FY26E on the back of strong products pipeline and market outpacing growth the company is able to exhibit in its key markets of India and South Africa.
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KR Choksey's research report on State Bank of India: SBIN earnings outperformed our expectations, driven by a sharp fall in operating expenses and higher MTM gains. Net Interest Income (NII) for Q4FY24 increased by 3.1% YoY (+4.6% QoQ) to INR 416,552 Mn. NII was majorly in line with our estimates, with a 1.4% deviation. Pre-Provisioning Operating Profits (PPOP) grew by 16.8% YoY (+41.4% QoQ).
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