Purple Finance has announced the successful closure of its recent rights issue, which was oversubscribed by 1.5 times. The issue offered 1,12,04,985 shares at Rs 40 per share, resulting in strong investor interest, with valid applications totaling 1,71,99,236 shares53% higher than the issued amount.
Posts in category Business Standard
Axis Bank shares rally 5% after Q2, but analysts cautious on outlook (18-10-2024)
Axis Bank share price: Brokerages, however, have cut their earnings forecast by up to 5 per cent over FY25-27 to factor in Q2 results
Nitco shares hit 5% upper circuit; Here’s what’s driving the stock higher (18-10-2024)
Nitco has settled all its dues with LIC and also entered into a memorandum of intent of settlement with Authum Investment and Infrastructure
TVS Motor Company launches TVS HLX 125 with 5-gears in Kenya (18-10-2024)
TVS Motor Company announced the launch of TVS HLX 125 with 5-gears in Kenya. The new motorcycle offers powerful yet efficient features. It has best-in-class durability, requires minimal maintenance, has a superior engine, provides excellent mileage and performs across terrains.
Infosys share price slips 4.5% despite raising FY25 guidance; here’s why (18-10-2024)
The IT major’s net profit soared 2.2 per cent quarter-on-quarter (Q-o-Q) to Rs 6,506 crore in the September quarter of FY25, from Rs 6,368 crore in the June quarter of FY25 (Q1FY25).
Sensex slides 155 pts; LTIMindtree drops over 5% (18-10-2024)
At 10:30 ST, the barometer index, the S&P BSE Sensex, was down 155.38 points or 0.17% to 80,866.81. The Nifty 50 index lost 23.30 points or 0.09% to 24,725.90.
Tata Chemicals slides after Q2 PAT drops 46% YoY to Rs 267 cr (18-10-2024)
Tata Chemicals slipped 2.59% to Rs 1,045.90 after the chemical maker’s consolidated net profit from continuing operations declined 46.06% to Rs 267 crore in Q2 FY25 as compared to Rs 495 crore posted in Q2 FY24.
Landmark Cars to open its 5th showroom for BYD in Faridabad, Haryana (18-10-2024)
Landmark Cars has received a Letter of Intent from BYD India Pvt Ltd for opening a showroom in the city of Faridabad in Haryana. This showroom will be established by M/s Watermark Cars, a wholly owned subsidiary company of Landmark Cars.
Ceat skids 6% after reporting 41% decline in Q2 net profit; Details here (18-10-2024)
Ceat reported a decline of 41.4 per cent in consolidated net profit, at Rs 121.88 crore for the September quarter, compared to Rs 208 crore, a year ago
Ceat skids 6% after reporting 41% decline in Q2 net profit; Details here (18-10-2024)
Ceat reported a decline of 41.4 per cent in consolidated net profit, at Rs 121.88 crore for the September quarter, compared to Rs 208 crore, a year ago