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Revenues up 23.4% at Rs 3,583.2 crore vs Rs 2,902.1 crore
Net profit up 51% at Rs 362.2 crore vs Rs 239.8 crore
Source: Exchange Filing
ADB, Government sign two loan agreements for total of $495 million.
Two loan agreements aggregate amount at $495 million.
Source: Bloomberg
Revenue at Rs 2,368.58 crore vs Rs 2,205.98 crore, up 7.37% (Bloomberg estimate: Rs 2,329.44 crore)
Net profit at Rs 215.54 crore vs Rs 213.85 crore, up 0.79% (Bloomberg estimate: Rs 246.63 crore)
Ebitda at Rs 321.59 crore vs Rs 268.91 crore, up 19.59% (Bloomberg estimate: Rs 329.84)
Margins at 13.57% vs 12.19% (Bloomberg estimate: 14.16%)
Source: Exchange Filing
Motilal Oswal, Raamdeo Agarawal to donate 5% equity each for charitable propose.
Will spend entire donation amount in next 10 years or preferably earlier.
Source: Exchange Filing
Retail portion subscribed 15.25%.
Source: BSE
The broader market indices outperformed larger peers; the S&P BSE MidCap Index was up 0.33%, whereas S&P BSE SmallCap Index was 0.40% higher.
Nine out of the 20 sectors compiled by BSE declined while eleven sectors advanced. S&P BSE Utilities rose the most, while S&P BSE Teck fell the most.
The market breadth was skewed in the favour of the buyers. About 1,821 stocks rose, 1,533 declined, while 164 remained unchanged on the BSE.
"Fully committed" to build India chip plant.
Vedanta has identified tech partner for chip plant.
Source: Bloomberg
U.S. chipmaker to invest $400 million in India over five years.
Source: Bloomberg
Unilever names Ian Meakins as Chair designate
Source: Exchange filing
The local currency weakened 41 paise to trade at Rs 82.35 intraday against the U.S dollar. It closed at 81.94 on Thursday.
The depreciation led the currency to weaken the most since July 11 levels when it was at 82.44.
In terms of a single-day move, Rupee weakened the most since Feb. 6, when it fell by 91 paise.
Source: Bloomberg
The broader market indices outperformed larger peers; the S&P BSE MidCap Index was up 0.20%, whereas S&P BSE SmallCap Index was 0.28% higher.
Ten out of the 20 sectors compiled by BSE declined while the other ten sectors advanced. S&P BSE Telecommunication rose the most, while S&P BSE Oil & Gas fell the most.
The market breadth was skewed in the favour of the buyers. About 1,464 stocks rose, 718 declined, while 118 remained unchanged on the BSE.
Source: BSE
At pre-open, the S&P BSE Sensex Index was down 0.34 points or 0% at 66,266.48 while the NSE Nifty 50 Index was 0.15 points or 0% lower at 19,659.75.
Source: Bloomberg
The yield on the 10-year bond opened 3 bps higher at 7.15% on Friday.
It closed at 7.12% on Thursday.
Source: Bloomberg
The local currency weakened 30 paise to open at Rs 82.24 against the U.S dollar on Friday, its weakest open since July 12, 2023.
It closed at 81.94 on Thursday.
Source: Bloomberg
To raise Rs 1,050 crore by issuing fully paid-up equity shares.
Shares priced at Rs 81 apiece, at face value of Rs 10 per share.
Rights issue of 5 shares for every 46 held.
Rights issue to open on Aug. 8, 2023 close on Aug. 16, 2023.
Source: Exchange filing
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