Sales decline 6.94% to Rs 2.68 crore
Posts in category Business Standard
Space Incubatrics Technologies reports standalone net loss of Rs 0.03 crore in the September 2024 quarter (08-11-2024)
Reported sales nil
Atam Valves standalone net profit rises 25.76% in the September 2024 quarter (08-11-2024)
Sales rise 32.60% to Rs 16.92 crore
Seasons Textiles reports standalone net profit of Rs 0.02 crore in the September 2024 quarter (08-11-2024)
Sales rise 57.48% to Rs 8.63 crore
Motherson Sumi Wiring India standalone net profit declines 2.44% in the September 2024 quarter (08-11-2024)
Sales rise 10.78% to Rs 2323.01 crore
NSE to boost commodities segment with new contracts in coming months (08-11-2024)
The National Stock Exchange of India (NSE) is gearing up to strengthen its commodities segment with plans to roll out new contracts in the next few months, an NSE official said on Friday.
The exchange is looking to leverage its expansive reach and financial strength to make a significant mark in commodities trading.
NSE Chief Business Development Officer Sriram Krishnan said the exchange is considering rolling out new contracts in the next few months and the focus would be non-agri commodities as there is a lot of certainty in launching these asset classes as compared to agri commodities.
These additional contracts would be selected from a wide array of Sebi-approved commodities. Moreover, about 240 members have set up already and live on NSE commodities. These included foreign portfolio investors, algo participants and active market makers.
“NSE is convinced that commodities are a very big thing which is about to happen in India. We did a lot of analysis on which contracts come ou
Zinka Logistics’ IPO to open on Nov 13; sets price at Rs 259-273 per share (08-11-2024)
Zinka Logistics Solutions Ltd, a digital platform for truck operators, on Friday said it has fixed a price band of Rs 259-273 per share for its Rs 1,115 crore initial share sale.
The Initial Public Offering (IPO) will open for public subscription on November 13 and conclude on November 18, the company announced.
The IPO is a combination of a fresh issue of shares worth Rs 550 crore and an offer of sale (OFS) of up to 2.06 crore shares. The OFS by promoters and investor selling shareholders is valued at Rs 565 crore at the upper end of the price band.
A discount of Rs 25 per equity share is being offered to eligible employees bidding in the employee reservation portion.
Proceeds from the fresh issuance to the extent of Rs 200 crore will be used for sales and marketing initiatives; Rs 140 crore for investment in Blackbuck Finserve for financing the supporting the capital base to meet future capital requirements; Rs 75 crore for funding of expenditure in relation to product developmen
NSE announces trading holiday on November 20 for Maharashtra elections (08-11-2024)
The move to pause trading aims to facilitate the smooth conduct of the elections, allowing participants to partake in the democratic process. Consequently, all trading activities, including equity, derivative, and currency markets on the NSE, will remain closed for the day.
Star Cement consolidated net profit declines 85.89% in the September 2024 quarter (08-11-2024)
Sales rise 9.62% to Rs 641.55 crore