The board of smallcap stock Nava Ltd on Thursday approved a stock split wherein the company will be splitting its stock from a face value of Rs 2 per share into 2 shares of face value Re 1 each. This marks the second time the company has undertaken a stock split. In August 2005, Nava previously split its stock from a face value of Rs 10 per share to Rs 2 per share, according to Trendlyne data.
Open FlipRepco Home Finance's 2QFY25 PAT grew 15% YoY to INR1.1b, in line with expectations, driven by healthy growth in other income and provision write-backs. The company's GNPA and NNPA declined, while opex rose 21% YoY. Motilal Oswal cut its FY26/FY27 estimates by 5% each and reiterated a Neutral rating with a revised TP of INR500.
Open FlipThe value of the global cryptocurrency market has topped $3 trillion as the election of Donald Trump as U.S. president spurred bets that friendlier U.S. regulation could usher in a new boom for all corners of the asset class. The sum market value of cryptocurrencies touched a high of nearly $3.2 trillion early on Nov. 14 in Asia, according to analytics and data aggregator CoinGecko.
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