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Sebi clears IPOs of Hindustan Labs, RK Steel Manufacturing Co Ltd
Generic drug maker Hindustan Laboratories and steel tubes and pipes manufacturer RK Steel Manufacturing Company have secured Sebi's approval to raise funds through initial public offerings (IPOs), an update with the markets regulator showed on Thursday. The two companies, which filed their preliminary IPO papers in September, obtained Sebi's observations on April 27. In Sebi's parlance, obtaining observations is equivalent to securing approval to float a public offering. Hindustan Laboratories' maiden public offering comprises a fresh issue of 50 lakh shares, along with an offer for sale (OFS) of 91 lakh shares by the promoter, according to the draft red herring prospectus (DRHP). The company proposes to utilise IPO proceeds for funding the working capital requirements and general corporate purposes. Hindustan Laboratories is an Indian pharmaceutical company primarily engaged in the large-scale manufacturing and supply of generic medicines to government institutions under a ...
Vedanta Q4 Results: Cons profit zooms 92% YoY to Rs 6,698 crore, revenue jumps 47%
Vedanta Q4 Results: Vedanta announced a significant financial performance for the March quarter. The company's net profit soared by 92% year-on-year to Rs 6,698 crore. Total revenues also saw a substantial increase of 47% year-on-year. Vedanta achieved its best-ever EBITDA and a record Return on Capital Employed. The net debt to EBITDA ratio improved considerably, marking a 14-quarter high.
Q4 Results LIVE Updates: UTI AMC profit drops 73%; IEX operating profit up 23%
Q4 Results LIVE Updates: Infosys, LTIMindtree, IEX, Union Bank of India, Aditya Birla Sun Life AMC, Adani Energy Solutions, CIE India, Bluestone Jewellery, Mahindra Logistics, Tata Capital, Sterling & Wilson Renewables, Tata Teleservices (Maharashtra), and UTI AMC are among the important earnings to track today. The street will react to results reported by Trent, BCCL, and other companies as well. Watch this space for all the LIVE updates.
Q4 Results Live Highlights: IEX Announces Dividend, Cyient Approves Buyback Worth Rs 720 Crore; Infosys Beats Estimates
Heavyweights across IT, banking, financial services and energy are scheduled to declare their numbers, led by Infosys, Adani Energy Solutions, Union Bank of India, and Tata Capital.
Stocks to Watch for April 24: Infosys, Tata Capital, LTM, Adani Energy Solutions, Cyient and more
Infosys, LTIMindtree, Tata Capital, Adani Energy Solutions, Cyient, Mahindra Logistics and Himadri Speciality Chemical post mixed Q4, key earnings from Reliance and others due April 24. Here are few stocks to keep an eye on ahead of Friday's trading session.
Industrial decarbonization hinges on capital cycles, not just clean energy: Jindal Stainless' Kalyan Bhattacherjee
Decarbonizing heavy industry is less about clean energy and more about long asset cycles that lock in emissions for decades. The real opportunity lies in aligning emission cuts with investment decisions, making it a capital strategy issue rather than just a sustainability goal. A mix of efficiency, renewables, and circularity will be key to managing this transition.
Manishi Raychaudhuri bets on private banks, metals, consumption plays
Manishi Raychaudhuri, Chief Executive Officer, Emmer Capital Partners, said global focus is shifting to energy security and alternative energy due to supply risks. He noted markets may be underestimating uncertainty, particularly around crude oil. For India, elevated oil prices could affect inflation and policy choices.
Sensex Today | Stock Market Live: GIFT Nifty hints a positive opening; TCS, Tata Steel, JSW Energy, NALCO in focus
Sensex Today | Stock Market LIVE Updates: Stocks like Tata Steel, Tata Consultancy Services, State Bank of India, Phoenix Mills, SML Mahindra, JSW Energy, Graphite India, National Aluminium Company, NLC India, TVS Motor Company, Iware Supplychain Services, and Capri Global Capital will be in focus on July 9.
Stocks to Watch Today: Maruti Suzuki, Aster DM Health, IndiaMART, RailTel Corporation, ACC, Eveready Industries, Avenue Supermarts in focus on 4 May
Stocks to Watch, 04 Apr: Stocks like Adani Enterprises, Kotak Mahindra Bank, Avenue Supermarts, ACC, Sundram Fasteners, ESAF Small Finance Bank, Capri Global Capital, Eveready Industries India, RailTel Corporation of India, IndiaMART InterMESH, Sona BLW Precision Forgings, and Aster DM Healthcare will release their quarterly earnings on April 4.
Promoter sells 3% stake in stainless steel wires maker Bansal Wire
Bain Capital sold entire 73.39 lakh shares or 3.87 percent stake in Emcure Pharma in June quarter.
Momentum Stocks: A B Infrabuild, Art Nirman, Chamunda Electricals rise up to 12% on sheer momentum
Emcure Pharmaceuticals, Belrise Industries, Minda Corporation, Pidilite Industries, Adani Enterprises, Aditya Birla Capital, Syrma SGS Technology, Federal Bank, AU Small Finance Bank, Navin Fluorine International and ACME Solar Holdings, hit new one-year highs
Stocks to Watch Today: TVS Motor, Exide Industries, Meesho, Groww, Gujarat Themis, Glenmark Pharma, Hindalco, Eicher Motors, Divis Labs, NTPC in focus on 25 May
Stocks to Watch, 25 May: Stocks like NTPC, Hindalco Industries, Eicher Motors, Torrent Pharmaceuticals, Colgate Palmolive India, Divis Laboratories, Tata Capital, Lenskart Solutions, LG Electronics, Meesho, ICICI Prudential AMC, and Billionbrains Garage Ventures Groww will be in focus on May 28.