On April 3, 2024, Gufic Biosciences Limited informed the stock exchanges that the company had incorporated a wholly owned subsidiary company in Dubai, UAE, namely “Veira Life FZE”. As per the exchange filing, the new wholly-owned subsidiary was incorporated on March 25, 2024, which was intimated to the company by Jebel Ali Free Zone (JAFZA) …
Capital Small Finance Bank (CSFB) has closed the fiscal year with positive signs, showcasing robust growth and a commitment to maintaining strong financial health. In their recently released business highlights for the quarter and year ended March 31, 2024, CSFB revealed promising figures across key financial metrics. Loan Portfolio Expansion A crucial indicator of a …
On Thursday, the primary stock market indices concluded the trading session with gains. The Sensex, a crucial index, rose moderately by 0.47% to close at 74,227.64 points, while the Nifty, another significant index, also increased by 0.36% to end at 22,514.65 points. The total market capitalization of companies listed on the Bombay Stock Exchange (BSE) …
These three equities’ volume gained significantly during Thursday’s trading sessions, indicating potential bullish action. Here’s an in-depth look. Ujjivan Small Finance Bank Ltd Today, Ujjivan Small Finance Bank’s stock traded at Rs 54.45, with a significant volume spike of 41040073 shares. The price rose by 6.56% from the previous close of Rs 51.1. This surge …
On April 04, 2024, Indian Energy Exchange Ltd, the premier electricity exchange in India, stated in an exchange filing that the company had achieved 110 BU in the financial year ended on March 31, 2024, registering a growth of 13.8% on a YoY basis. The company further added that the Government took numerous measures, which …
On April 4, 2024, Non-Banking Financial Company (NBFC) Trucap Finance Limited informed the stock exchanges that the company had crossed a milestone of over ₹1,000 crores of Asset Under Management (AUM) in Q4 FY2024. The financial service provider stated that this achievement has been driven by various factors, including its expanding network of 122 branches, …
Avenue Supermarts Limited, the parent company of the popular DMart chain of supermarkets, released positive results for the quarter ending March 31, 2024, in a recent exchange filing. The company’s standalone revenue from operations witnessed a significant jump of nearly 20% year-on-year, reaching ₹12,393.46 crore. This impressive growth comes on the back of a ₹10,337.12 …
In the fiscal year 2024, India witnessed a surge in corporate demergers as companies sought to unlock value and streamline operations. Prominent entities such as Tata Motors, Reliance Industries, Allcargo Logistics, Vedanta, and ITC made strategic moves to split their businesses into separate entities, focusing on specific sectors or verticals. These demergers represent a departure …
On April 3, 2024, GMR Power and Urban Infra Limited informed in a stock exchange filing that the company, along with Shree Naman Developers Private Limited, had incorporated a new company in the name of “Portus Ventures Private Limited.” Details of the Joint Venture GMR Power and Urban Infra Limited, the GMR Group company, have …
On April 03, 2024, a real estate developer in South India, Brigade Enterprises Limited, entered a Joint Development Agreement (JDA) with United Oxygen Company Private Limited to develop a ‘Grade A’ office space on ITPL Road, Whitefield in East Bengaluru. The company added that the project will have a leasable area of 3.0 L sq. …
