best report on ifms sector
Adani Enterprises’ QIP sees healthy demand, Rs 4,200 crore raised through issue (17-10-2024)
Adani Enterprises has raised nearly Rs 4200 crore through a qualified institutional placement. The QIP saw significant demand, with bids exceeding four times the deal size. The funds will be utilized for capital expenditure, debt repayment, and general corporate purposes. The company’s focus spans airports, roads, new energy ecosystems, and data centers.
Adani Enterprises’ QIP sees healthy demand, Rs 4,200 crore raised through issue (17-10-2024)
Adani Enterprises has raised nearly Rs 4200 crore through a qualified institutional placement. The QIP saw significant demand, with bids exceeding four times the deal size. The funds will be utilized for capital expenditure, debt repayment, and general corporate purposes. The company’s focus spans airports, roads, new energy ecosystems, and data centers.
NDA committed to furthering national progress, empowering poor: PM Modi (17-10-2024)
Prime Minister Narendra Modi stated that the NDA remains dedicated to promoting national progress and supporting the underprivileged. He made these remarks after presiding over a meeting with NDA chief ministers and deputies in Chandigarh, which followed the swearing-in ceremony of Haryana CM Nayab Singh Saini. Senior Union ministers also attended the event.
Gold ETFs inflow up amid rising prices ahead of Dhanteras: ICRA Analytics (17-10-2024)
Inflows in Gold Exchange Traded Funds (ETFs) witnessed a surge in the current calendar year, amid gains in yellow metal prices ahead of Dhanteras.
Inflows into these funds have increased by nearly 88 per cent since the beginning of 2024, totalling Rs 1,232.99 crore in September, ICRA Analytics said in a statement.
Gold prices advanced Rs 450 to hit another record of Rs 79,350 per 10 gram in the national capital on Thursday on the back of continued buying by jewellers and stockists, according to the All India Sarafa Association.
Investors are drawn to gold ETFs due to their liquidity, transparency and global price alignment, which remains firm due to geopolitical headwinds.
Concerns about physical gold storage, purity and theft have also contributed to the growing interest in such funds, ICRA said.
According to ICRA Analytics Senior Vice President and Head Market Data, Ashwini Kumar, the US Federal Reserve’s potential interest rate cut in the coming months is further boosting the .
Prestige Estate – Will it increase the Prestige of Retail Investors (17-10-2024)
Prestige Estates reports Q2 FY25 operational performance.
It recorded sales of ₹40,226 mn during Q2 FY25 (as against ₹70,926
mn during Q2 FY24). For H1 FY25, the sales sum up to ₹70,522 mn (as against
₹110,073 mn during H1 FY24)
More here:
Piccadily Agro Industries Ltd (17-10-2024)
Shareholding pattern will get updated with H1 results.
On another note, can anyone clear my doubt when will the circuit limit of 5% change?
Now with a market cap of 7000 crores, it shouldn’t be classified as SME, right?
Challenges India faces from its rising population (17-10-2024)
India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S and P Global Ratings said on Thursday. It said emerging economies have high ambitions for the next decade and beyond with India aiming to become a $30 trillion economy by 2047, from the current $3.6 trillion. India is currently the fifth largest economy.