Thaai Casting IPO has opened for subscription on Thursday, February 15, and will close on Tuesday, February 20. Thaai Casting IPO price band has been set in the range of ₹73 to ₹77 apiece. Thaai Casting IPO lot size consists of 1,600 shares. Investors can bid for a minimum of 1,600 shares and in multiples thereof.Thai Casting Limited is an automobile auxiliary firm that specialises.
Open FlipRudra Gas Enterprise share price made a bumper debut on BSE SME today. On BSE SME, Rudra Gas Enterprise share price was listed at ₹119.70, which is 90% higher than the issue price of ₹63.Rudra Gas Enterprise IPO opened for subscription on Thursday, February 08, and closed on Monday, February 12. Rudra Gas Enterprise IPO price band was set at ₹63 apiece.
Open FlipFollowing the regulatory action on Paytm Payments Bank, depositors or account holders of the bank have raised concerns on what will happen to their money parked in Paytm Payments Bank Ltd (PPBL). On January 31, the RBI imposed business restrictions on Paytm Bank citing repeated violations of prudential norms and non-compliance with multiple rules. The RBI barred PPBL from accepting fresh deposit.
Open FlipAn "unknown risk" has hit Paytm, says Sandeep Tandon of Quant MF, that has set the stock on a sustained downturn, sending it to the 5 percent lower circuit on February 15 and eroding its market capitalisation by 55 percent since the Reserve Bank of India slapped strict restrictions on Paytm Payments Bank. "Looking at Paytm as a concept, I don't find too many problems at the current levels.
Open FlipJuniper Hotels IPO price band: The Juniper Hotels IPO price band has been fixed in the range of ₹342 to ₹360 per equity share of the face value of ₹10. The Juniper Hotels IPO date of subscription is scheduled for Wednesday, February 21, and will close on Friday, February 23. The allocation to anchor investors for the Juniper Hotels IPO is scheduled to take place on Tuesday, February 20.
Open FlipITC Foods, the branded packaged foods business of ITC, anticipates a demand revival for the dairy and beverage sector in six to nine months, driven by a hot summer and a favourable dairy season. It recently prioritised leveraging digital technology to streamline its supply chain, ensure consistent product quality, comply with food regulations, and enhance food security.
Open FlipReported Standalone quarterly numbers for Sakthi Sugars are: Net Sales at Rs 150.88 crore in December 2023 down 18.97% from Rs. 186.21 crore in December 2022. Quarterly Net Loss at Rs. 42.66 crore in December 2023 down 319.1% from Rs. 19.47 crore in December 2022. EBITDA stands negative at Rs. 15.27 crore in December 2023 down 428.39% from Rs. 4.65 crore in December 2022.
Open FlipReported Standalone quarterly numbers for Davangere Sugar Company are: Net Sales at Rs 78.31 crore in December 2023 down 15.85% from Rs. 93.07 crore in December 2022. Quarterly Net Profit at Rs. 5.61 crore in December 2023 up 144.11% from Rs. 2.30 crore in December 2022. EBITDA stands at Rs. 16.44 crore in December 2023 down 4.25% from Rs. 17.17 crore in December 2022.
Open FlipReported Standalone quarterly numbers for ISGEC Heavy Engineering are: Net Sales at Rs 1,066.98 crore in December 2023 down 2.85% from Rs. 1,098.32 crore in December 2022. Quarterly Net Profit at Rs. 44.16 crore in December 2023 up 10.9% from Rs. 39.82 crore in December 2022. EBITDA stands at Rs. 86.55 crore in December 2023 up 8.92% from Rs. 79.46 crore in December 2022.
Open FlipReported Consolidated quarterly numbers for Banas Finance are: Net Sales at Rs 11.58 crore in December 2023 up 378.7% from Rs. 2.42 crore in December 2022. Quarterly Net Loss at Rs. 5.24 crore in December 2023 up 8.56% from Rs. 5.73 crore in December 2022. EBITDA stands negative at Rs. 5.78 crore in December 2023 up 9.83% from Rs. 6.41 crore in December 2022.
Open FlipThe European Central Bank (ECB) is raising concerns about banks’ exposure to commercial real estate, signaling potential repercussions if lenders fail to adequately manage associated risks. This article explores the ECB’s stance and its impact on financial institutions. ECB’s Cautionary Stance The ECB is intensifying its focus on the management of risks stemming.
Open FlipReliance Industries is in talks to buy Disney's stake in satellite TV provider Tata Play, the Business Standard newspaper reported on Thursday, as billionaire Mukesh Ambani's firm seeks to bolster its media presence. The oil-to-telecom conglomerate is looking to buy Walt Disney's 29.8% stake in the loss-making Tata Play as it seeks to offer its entire JioCinema content to Tata's customers.
Open FlipThe Greater Noida Industrial Development Authority (GNIDA) has allotted five commercial plots for around Rs 253 crore. These plots can be used for the construction of hotels, malls and showrooms, officials aware of the matter said. They said that the allotment of these plots was done through an e-auction earlier this week. These five commercial plots have a total area of over 21,820 square metre.
Open FlipReported Consolidated quarterly numbers for ERP Soft Systems are: Net Sales at Rs 2.84 crore in December 2023 down 66.48% from Rs. 8.46 crore in December 2022. Quarterly Net Profit at Rs. 0.02 crore in December 2023 down 78.79% from Rs. 0.11 crore in December 2022. EBITDA stands at Rs. 0.04 crore in December 2023 down 75% from Rs. 0.16 crore in December 2022.
Open FlipReported Standalone quarterly numbers for Narmada Gelatines are: Net Sales at Rs 47.08 crore in December 2023 down 8.69% from Rs. 51.56 crore in December 2022. Quarterly Net Profit at Rs. 3.42 crore in December 2023 down 39.36% from Rs. 5.64 crore in December 2022. EBITDA stands at Rs. 5.15 crore in December 2023 down 34.14% from Rs. 7.82 crore in December 2022.
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