Sales decline 11.36% to Rs 0.39 crore
Posts in category Business Standard
Intertec Technologies reports consolidated net loss of Rs 0.69 crore in the June 2024 quarter (23-08-2024)
Reported sales nil
Nidhi Services reports standalone net profit of Rs 0.05 crore in the June 2024 quarter (23-08-2024)
Sales rise 12.50% to Rs 0.09 crore
Nifty Energy Index waits for decisive breakout; check what analysts predict (23-08-2024)
In such a scenario, traders might look to enter long positions, anticipating further upward momentum as the index pushes through these resistance levels
Nandish Shah of HDFC Securities recommends Bull Spread on Bank Nifty (23-08-2024)
Short covering is seen in the Bank Nifty Futures, where we have seen 3 per cent fall in the open interest
Weak pricing offsets strong volume show of Indian agrochemical majors (22-08-2024)
Prices of corn, soybeans, and wheat are now at their lowest since Covid and are down 20-30 per cent Y-o-Y
PGIM India MF launches multicap fund; Axis MF floats consumption fund (22-08-2024)
Axis Mutual Fund on Thursday announced the launch of a consumption fund which will invest in firms across sectors like FMCG, consumer discretionary, retailing, auto, and realty
Sensex likely to surpass 117,000 by FY30-end on rapid growth: Analysis (22-08-2024)
Mcap has surged to $5 trillion from $4.2 trillion at the end of last year compared to the economic output which is estimated to reach $3.8 trillion in 2024
Binance Holdings to hire 1,000 people as compliance spending tops $200 mn (22-08-2024)
Chief Executive Officer Richard Teng, who is visiting the US to talk to monitors and officials, outlined the employment goals for the world’s largest crypto trading platform
ChrysCapital exits Eris Lifesciences; sells 7.27% stake for Rs 1,187 cr (22-08-2024)
Private equity major ChrysCapital on Thursday exited Eris Lifesciences by selling its entire 7.27 per cent stake in the company for Rs 1,187 crore via open market transaction, while Infinity Partners picked up shares of the firm.
Eris Lifesciences Ltd is a listed Indian pharmaceutical company and a leading player in the domestic branded formulations market.
According to the block deal data available on the National Stock Exchange (NSE), ChrysCapital through its affiliate Emerald Investment Ltd sold 98,86,882 shares, amounting to a 7.27 per cent stake in Ahmedabad-based Eris Lifesciences.
The shares were disposed of at an average price of Rs 1,201 apiece, taking the transaction value to Rs 1,187.41 crore.
These shares were picked up by Infinity Partners at the same price, as per the data on the exchange.
Shares of Eris Lifesciences rose 2.13 per cent to close at Rs 1,238.65 apiece on the NSE.
Earlier this month, Eris Lifesciences said its consolidated profit after tax declined by