Sales rise 21.51% to Rs 164.45 crore
Posts in category Business Standard
Refex Industries consolidated net profit rises 41.18% in the June 2024 quarter (05-08-2024)
Sales rise 55.66% to Rs 595.12 crore
Deep Industries consolidated net profit rises 18.78% in the June 2024 quarter (05-08-2024)
Sales rise 21.85% to Rs 123.46 crore
Honeywell Automation India standalone net profit rises 32.01% in the June 2024 quarter (05-08-2024)
Sales rise 3.01% to Rs 960.40 crore
Baazar Style Retail raises Rs 37 cr from Volrado Partners in pre-IPO round (05-08-2024)
Baazar Style Retail Ltd on Monday said it has mobilised Rs 37 crore from venture-capital fund Volrado Ventures Partners Fund II in a pre-IPO (initial public offering) round.
With this, the IPO-bound company’s fresh issue size has been reduced to Rs 148 crore, from Rs 185 crore earlier.
Additionally, the Kolkata-based company’s maiden public issue consists of an Offer-For-Sale (OFS) component of up to 1.68 crore shares by promoter group entities and other selling shareholders, according to the draft red red herring prospectus (DRHP).
Under the OFS, Rekha Rakesh Jhunjhunwala will sell 27.23 lakh equity shares, Intensive Softshare Private Ltd will offload 22.40 crore shares and Intensive Finance Pvt Ltd will divest 14.87 lakh shares among others.
The offer includes a reservation for subscription by eligible employees.
In a public announcement on Monday, Baazar Style Retail said it had undertaken a private placement of 9,56,072 equity shares to Volrado Ventures Partners Fund II at an
Japanese markets suffer worst single day loss (05-08-2024)
The Nikkei average nosedived 12.40 percent to 31,458.42, marking its biggest fall since “Black Monday” in October 1987, when it plunged 14.9 percent. The broader Topix index settled 12.23 percent lower at 2,227.15.
Sensex plunges 2,223 pts; Nifty settles below 24,100; VIX spurts 42.23% (05-08-2024)
The domestic equity benchmarks tumbled on Monday, tracking negative global cues. The decline was driven by a global market sell-off amid concerns about a potential slowdown in U.S. economic growth. The Nifty closed below the 24,100 level. All the sectoral indices on NSE ended in the red with metal, media and realty shares declining the most.
Chinese markets end lower on weak global cues (05-08-2024)
China’s yuan leapt to a seven-month high, and the Japanese yen hit its highest levels against the dollar since January after the U.S. reported much lower-than-expected job creation in July and the unemployment rate unexpectedly rose to its highest level in nearly three years, heightening fears the labor market was deteriorating and potentially making the economy vulnerable to a recession.
IDFC consolidated net profit declines 67.51% in the June 2024 quarter (05-08-2024)
Sales decline 55.55% to Rs 11.89 crore
Exicom Tele-Systems consolidated net profit rises 89.21% in the June 2024 quarter (05-08-2024)
Sales decline 4.86% to Rs 252.08 crore