Waaree Energies, one of India’s largest solar module manufacturers, is all set to launch its much-anticipated Initial Public Offering (IPO) from October 21 to October 23, 2024. With its impressive track record and expanding capacity, the IPO has generated considerable buzz in the market. Investors are eager to participate, expecting significant returns from this key […]
RBL Bank Limited has reported a steady financial performance for the second quarter of FY 2024-25, marked by a notable 24% year-over-year increase in operating profit. The bank’s board approved the unaudited financial results on 19th October 2024, highlighting growth in key financial areas despite prevailing economic challenges. Financial Highlights: Operating Profit and Income Surge […]
Punjab & Sind Bank (PSB) has reported a substantial rise in its financial performance for the quarter ending September 30, 2024. According to the bank’s reviewed unaudited financial results, the operating profit for the second quarter of FY 2025 has surged by an impressive 76.15% year-on-year (YoY), while the net profit increased by 26.98%. This […]
Rajoo Engineers Limited, a major player in India’s plastic extrusion machine sector, has reported a substantial 36.74% rise in profit after tax (PAT) for the second quarter of FY25, bringing the figure to ₹7.24 crore. This impressive growth underscores the company’s commitment to optimizing its operations and harnessing technological advancements to boost profitability. The company’s […]
indiaMART InterMESH Limited announced a stellar performance for the second quarter ending September 30, 2024, showcasing an 18% increase in consolidated revenue from operations, hitting ₹348 crore, compared to ₹295 crore in the same quarter last year. This performance highlights indiaMART’s resilience and growing traction in the B2B marketplace space amidst rising digital adoption among […]
Netweb Technologies India Limited (Netweb), India’s leading high-end computing solutions provider, announced its unaudited financial results for the second quarter of FY25, showcasing a significant rise in both revenue and profitability. The results, approved by the company’s Board of Directors, highlight a 71% year-on-year (YoY) increase in total income, which reached ₹ 2,531 million, and […]
Suraj Estate Developers Limited (SEDL), a prominent player in Mumbai’s real estate market, announced a successful capital raise of approximately Rs. 343 crores through a preferential issue. The fundraising consisted of Rs. 243 crores from equity shares and an additional Rs. 100 crores via convertible share warrants. This latest move underscores the company’s ambitions to […]
HDFC Bank Limited announced its Board of Directors has approved a major Offer for Sale (OFS) of equity shares in its subsidiary, HDB Financial Services (HDBFS), as part of the company’s Initial Public Offering (IPO). The announcement, made on October 19, 2024, detailed that HDBFS aims to raise ₹12,500 crore through this IPO, with ₹2,500 […]
Shoppers Stop Limited, a premier Indian retail giant, has announced the launch of its first store in Silchar, Assam. The inauguration, held on 18th October 2024, marked a strategic expansion into Northeast India. The company is aiming to provide the residents of Silchar and nearby areas with a top-tier shopping experience, featuring a wide selection […]
Wipro Limited, a global leader in technology services and consulting, reported a strong financial performance for Q2 FY 24-25, ended September 30, 2024. The company, listed on the New York Stock Exchange (NYSE: WIT), Bombay Stock Exchange (BSE: 507685), and National Stock Exchange of India Limited (NSE: WIPRO), announced a net income surge of 21.3% […]