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As per the agreement, the company acquired 62,500 equity shares of Rs401 (Re1 face value + Rs400 Premium) each share.

60% of the consumers during the sale were from Tier 2 and Tier 3 cities.

It reported an EBITDA of Rs 76.31 crores for the quarter ending December 2021, against Rs 59.69 crores for the quarter ending December 2020, reflecting a growth of 27.8% YoY.

At meeting held on 29 January 022

Japan industrial production gained 2.7 percent on year in December, the Ministry of Economy, Trade and Industry said on Monday, down from 5.1 percent in November. On a seasonally adjusted monthly basis, industrial production sank 1.0 percent following the 7.0 percent spike in the previous month. Upon the release of the data, the METI maintained its assessment of industrial production, saying that it is showing […]

Shares of AGS Transact Technologies were currently trading at Rs 173.40 on the BSE, at a discount of 0.91% as compared to the issue price of Rs 175.

Reliance New Energy (RNEL), a wholly owned subsidiary of Reliance Industries, has on 28 January 2022 completed the acquisition from the public shareholders of Sterling & Wilson Renewable Energy (SWREL) of 84,76,251 equity shares of SWREL of face value of Rs 1 each at a price of Rs 375/- per equity share aggregating Rs 317.85 crore pursuant to the open offer made by RNEL (together […]

On 21 February 2022

Century Plyboards (India) has bagged a contract to modernise and mechanise a cluster of six berths in Kolkatas Khidderpore Docks on a build-operate-own-transfer basis. Once fully operational, these berths under KPD -1 (West), will create additional port capacity in eastern India by installing mechanised systems to handle containers as well as clean bulk cargo. The project will be the first instance of a public-private-partnership in […]

Suzlon Energy hit an upper circuit limit of 5% at Rs 11.94 after the company reported a consolidated net profit of Rs 37.69 crore in Q3 December 2021 as against net loss of Rs 117.07 crore in Q3 December 2020.