The markets are expected to open marginally higher today astrends in GIFT Nifty indicate a positive start - ARETE Securities Ltd
The markets are expected to open marginally higher today astrends in GIFT Nifty indicate a positive start for the broader indexafter Nifty closed 216 points lower at 22,488 on Thursday.
IDFC First Bank:
The board has approved a preferential issue of 396.87 crore equity shares at?80.63 each, aggregating to ?3,200 crores, which will increase the paid-upcapital to 747.41 crore shares of ?10 each.
Sunteck Realty:
The company has received shareholder approval to raise up to Rs 2,250 crore,with Rs 1,500 crore through private placements and Rs 750 crore via equityshares or convertible securities.
Subex:
The company’s subsidiary secured a $1.1 million contract from a Europeantelecom operator for fraud management using its HyperSense AI/MLplatform.
Tube Investments:
The firm’s division has purchased a 23.69% stake in IPLTech Electric for Rs 185crore, elevating its total holding to 89.46% from the previous 65.77%.
ICICI Prudential Life:
The IRDAI has sanctioned the appointment of Sandeep Batra as Chairman,with the term commencing on June 30.
Krishna Institute of Medical Sciences:
The company has initiated a lease agreement via KIMS Hospital BengaluruPrivate to establish a super specialty hospital in Bengaluru, Karnataka, incollaboration with the Peoples Education Society.
PVR INOX:
The company has launched a new 6-screen multiplex at Urban Square Mall inUdaipur, Rajasthan.
Sun Pharma:
The company has agreed to a preferential offer to acquire a 14.28% stake inthe Indian Foundation for Quality Management at a cost of ?125 crore.
Mrs. Bectors Food Specialities:
The company has sanctioned the purchase of a bread and bakery businessthrough a slump sale for ?150 crore.
Apollo Hospitals Q4FY2024:
The company reported a 14.9% increase in revenue to ?4,944 crore, EBITDAup 31.2% to ?641 crore, with an EBITDA margin of 13%, and net profit soaring77.5% to ?258 crore. Additionally, a final dividend of ?10 per share has beenproposed.
Swan Energy Q4 FY24:
The company witnessed a 49.8% rise in revenue to ?1,398 crore, whileEBITDA fell 50.6% to ?118 crore, with margins at 8.4%. Net profit declined10.6% to ?56 crore.
Bharat Dynamics Q4 FY24:
The company’s revenue rose by 7% to ?854 crore, EBITDA surged 72.5% to?316 crore, with a margin of 37%, and net profit increased by 89% to?289 crore.
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