India’s Initial Public Offering (IPO) market has been buzzing in the fiscal year 2023-24 (FY24), with a significant surge in activity and capital raised. Let’s dive into some insights from the report and take a closer look at the companies trading below their listing prices. IPO Market Trends in FY24 Based on data from Prime …
On April 23, 2024, Zydus Lifesciences Limited informed in an exchange filing that the New Drug Application (NDA) of Desidustat Tablets has been accepted by the National Medical Products Administration of China (NMPA). CMS International Development and Management Limited, a wholly-owned subsidiary of China Medical System Holdings Limited (CMS) obtained an exclusive licence for the …
These three equities gained significantly with price and volume activity during Tuesday’s trading sessions, indicating potential bullish action. Here’s an in-depth look. Easy Trip Planners Ltd Today, Easy Trip Planners Ltd is witnessing significant trading activity with a high of Rs 47.55 and a volume of 51,948,059 shares, currently trading at Rs 47. This marks …
Gujarat State Fertilizers & Chemicals Ltd. (GSFC), established in 1962 and headquartered in Vadodara, India, is a key player in the manufacturing and distribution of fertilizers and chemicals. The company operates through two main segments: Fertilizer Products, including a range of nitrogen, phosphorus, and potassium products, and Industrial Products, featuring caprolactam, nylon products, melamine, and …
On April 23, 2024, Tata Power Company Limited informed in an exchange filing that the company’s subsidiary, Tata Power Solar Systems Limited, which is a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has partnered with Indian Bank. Details of the Partnership A leading solar company in India, Tata Power Solar Systems Limited (TPSSL), …
On April 23, 2024, Easy Trip Planners Limited informed in an exchange filing that the company’s flagship brand, EaseMyTrip, unveils the Easy Summer Sale with unbeatable discounts on travel bookings. Easy Summer Sale is a special summer sale that offers high discounts across a comprehensive range of travel services. This sale is scheduled from April …
The FMCG Giant with a Market Capitalisation of around Rs.1,11,720 crores is going to report its March quarter earnings today and various analysts are expecting a healthy growth in both Top-line and bottom-line frontiers. What Are Expectations? The Revenue is expected to have a growth of around 11-12% on a Year-on-Year(YoY) Basis, factored by a …
Mahindra Logistics Limited (MLL), one of India’s integrated logistics & mobility solutions providers, recently announced the results for the quarter (Q4 FY2024) and year (FY 2024) ended March 31, 2024. Quarterly Performance The company’s revenue increased to ₹1,451 crore, compared to ₹1,273 crore in Q4 FY2023 (PCP). In addition, EBITDA for the period amounted to …
On April 22, 2024, Hazoor Multi Projects Limited informed in an exchange filing that the company had acquired 100% equity shares of Square Port Shipyard Private Limited. Details of the Acquisition Hazoor Multi Projects Limited acquired a full stake in Square Port Shipyard Private Limited. The acquisition was completed by way of a Share Purchase …
On April 22, 2024, Rallis India Limited announced its financial results for the fourth quarter of the financial year ending March 2024. In Q4 FY 2024, the company reported a total income of ₹442 crore against the total income of ₹527 crore in Q4 FY 2023. The total income of FY 2024 was ₹2,664 crore, …
