Capital Goods stocks were trading in the negative zone, with the BSE Capital Goods index falling 966.98 points or 1.28% at 74673.14 at 13:41 IST.
Posts in category Business Standard
Auto shares fall (01-08-2024)
Auto stocks were trading in the negative zone, with the BSE Auto index falling 655.59 points or 1.09% at 59529.85 at 13:41 IST.
Prima Agro consolidated net profit declines 87.04% in the June 2024 quarter (01-08-2024)
Sales decline 22.95% to Rs 2.72 crore
Jumbo Bag standalone net profit rises 9.30% in the June 2024 quarter (01-08-2024)
Sales rise 15.49% to Rs 28.04 crore
Akzo Nobel India consolidated net profit rises 4.28% in the June 2024 quarter (01-08-2024)
Sales rise 3.71% to Rs 1036.30 crore
Gujarat Containers standalone net profit rises 9.25% in the June 2024 quarter (01-08-2024)
Sales rise 27.45% to Rs 40.67 crore
Incap standalone net profit rises 53.33% in the June 2024 quarter (01-08-2024)
Sales decline 4.51% to Rs 4.66 crore
Pharma firm Rubicon Research files draft papers for Rs 1,085-cr IPO (01-08-2024)
Pharmaceutical formulation company Rubicon Research Ltd has filed draft papers with capital markets regulator Sebi to garner Rs 1,085 crore through an initial share sale.
The company’s Initial Public Offering (IPO) is a combination of a fresh issue of equity shares worth Rs 500 crore and an Offer For Sale (OFS) of shares valued at Rs 585 crore by promoter, General Atlantic Singapore RR Pte Limited, according to the Draft Red Herring Prospectus (DRHP) filed on Wednesday.
At present, General Atlantic owns over 57 per cent stake in Rubicon Research.
The company proposes to utilise proceeds from the fresh issue to the tune of Rs 310 crore for payment of debt. Also, funds will be used for supporting inorganic growth through unidentified acquisitions as well as other strategic initiatives and general corporate purposes.
Rubicon Research is a pharmaceutical formulations company, driven by innovation through focused research and development, with an increasing portfolio of speciality produ
NSE SME Trom Industries spurts on listing (01-08-2024)
Shares of Trom Industries were quoting at Rs 229.40 on the NSE, a premium of 99.48% compared with the issue price of Rs 115.
TVS Motor Company Ltd soars 2.55%, Gains for third straight session (01-08-2024)
TVS Motor Company Ltd is quoting at Rs 2595.55, up 2.55% on the day as on 12:49 IST on the NSE. The stock is up 88.12% in last one year as compared to a 27.98% gain in NIFTY and a 71.67% gain in the Nifty Auto index.