The chain of super speciality mother and baby care hospitals, Cloudnine, has filed its draft papers with the market regulator SEBI to introduce an IPO worth Rs. 1,200 crores. As highlighted in the DRHP, this public issue will comprise both freshly issued equity shares and an offer for sale from current shareholders. Marquee investment firms …
On Friday, 11 February 2022, Ashok Leyland of Hinduja Group posted a consolidated net profit of Rs. 5.70 crores during the 3rd quarter ended on 31 December 2021. Isn’t it a whopping jump from Rs. 19.40 crores net loss in Q3 FY 21? Keep reading to know the details! Get an Insight into Ashok Leyland’s …
As a slew of companies revealed their Q3 FY 22 results, ONGC also reported its third-quarter results on 11 February 2022. This company showed massive profits again and is ready to pay dividends to its shareholders. On that note, let’s look at some of the details of the Q3 results of ONGC. Key Highlights of …
On Thursday, 10 February 2022, Bharat Forge posted a consolidated net profit of around Rs. 337.30 crores for the third quarter ended in December. It grew 264% on a YoY basis. To know the details, continue reading! Know About Bharat Forge’s Revenue! The revenue of this forging company is worth Rs. 1,602 crores during Q3 …
The aluminium producer Hindalco Industries Ltd. released its Quarter 3 results on 10 February 2022. This company saw a rise in net profits and revenue for the quarter ending December in FY 22, which left investors duly happy. Check out the details of the same below. Let’s start! Key Highlights of Hindalco’s Q3 Results Here …
Nykaa’s parent company, FSN E-Commerce Ventures Ltd, reported a consolidated net profit of Rs. 29 Crores in the quarter ended on 31 December 2021─ marking a stellar 2,376% quarter-on-quarter rise. Keep scrolling to get the details! Get an Insight into Nykaa’s Revenue! The consolidated revenue of Nykaa from its operations surged from Rs. 885.27 crores …
As a gamut of companies has released their FY 22 Q3 results, some have outdone their estimates, while others have fallen miserably short. Tata Power, a part of the Tata Group, has also released its Quarter 3 Results for the current financial year on Wednesday, 9 February 2022. Read along to find out more on …
Following the news of the founder equity sale, the stock of PB Fintech dropped more than 6%. PB Fintech Ltd stock dropped following a massive block sale that saw about 64.7 lakh shares traded in a single transaction, according to reports. The identities of the purchasers and vendors remained unknown. According to media sources, the …
Bharti Airtel is expected to outperform its rivals in terms of revenue market share in the coming quarters due to a combination of tariff hikes and SIM consolidation. The company’s mobile revenues grew at a robust rate of 6% in the December quarter. This was significantly higher than the 3.3% growth recorded by its rivals, …
Today, the six-member monetary policy committee of the Reserve Bank of India (RBI) had gathered for a meeting. This was the first MPC meeting of 2022 and the interest rates remained unchanged. The RBI maintained its stance over the reduced rates of interest for the tenth time in a row. The target inflation rates and …
