Sales decline 2.64% to Rs 311.54 crore
Posts in category Business Standard
Centrum Capital reports consolidated net loss of Rs 23.51 crore in the September 2024 quarter (30-10-2024)
Sales rise 42.89% to Rs 755.98 crore
KRN Heat Exchanger and Refrigeration standalone net profit rises 40.53% in the September 2024 quarter (30-10-2024)
Sales rise 38.98% to Rs 98.94 crore
Modern Engineering and Projects standalone net profit declines 41.67% in the September 2024 quarter (30-10-2024)
Sales decline 2.17% to Rs 16.25 crore
JTL Industries consolidated net profit declines 5.55% in the September 2024 quarter (30-10-2024)
Sales decline 4.49% to Rs 479.55 crore
SaaS firm Virtual Galaxy Infotech files draft IPO papers with NSE Emerge (30-10-2024)
BFSI-focused SaaS firm Virtual Galaxy Infotech Ltd on Wednesday said it has filed draft papers with NSE Emerge to raise funds through an Initial Public Offering (IPO).
The Nagpur-headquartered company’s IPO comprises a fresh issue of 66 lakh equity shares with a face value of Rs 10 each, according to a statement.
Proceeds from the issue worth Rs 34.26 crore will be used for setting up additional development facilities in Nagpur, Rs 18.9 crore for funding expenditure related to enhancement, maintenance and upgrading existing products, Rs 14.06 crore for funding business development and marketing activities.
Additionally, Rs 5.05 crore will be utilised for procuring GPU, server & storage system at the data centre, Rs 3 crore for payment of debt and the remaining capital will be used for general corporate purposes.
In July, the company raised Rs 21.44 crore in a pre-IPO funding round from the marquee investors.
VGIL is a SaaS product-focused company engaged in providing core banking
Nifty October futures trade at premium (30-10-2024)
Reliance Industries, HDFC Bank and State Bank of India were the top traded contracts.
Australian markets end lower after inflation data (30-10-2024)
The benchmark S&P/ASX 200 dipped 0.83 percent to 8,180.40 while the broader All Ordinaries index settled 0.78 percent lower at 8,439.50.
Japanese stocks gain strongly ahead of BoJ policy rate (30-10-2024)
Caution ahead of key U.S. economic data due this week and next week’s presidential election also kept investors on the sidelines.
D-Link India consolidated net profit rises 13.12% in the September 2024 quarter (30-10-2024)
Sales rise 9.33% to Rs 336.91 crore