The deal will result in the re-appointment of the KCM board and the withdrawal of all pending legal challenges.
The company's net profit for the July-September quarter witnessed a remarkable 55.5% year-on-year increase
Sector-wise, realty, banks, financial services, FMCG, IT, and teck sectors displayed a downward trend
The buyback price will be paid in cash and will equal 1.20% and 1.19% of total paid-up equity share capital and free reserves.
Bharat Forge's defense vertical, KSSL, secured new business worth Rs 1,100 crore during the quarter, increasing the executable order book to Rs 3,000 crore over the next 24 months.
The pharmaceutical company's operations in India and its core regions performed better than expected, with certain important goods seeing a normalization.
Recommendation: Buy; Target Price: Rs 830
The company's profit after tax (PAT) surged by 369 % year-on-year to Rs 55 crore in Q2FY24
RGBPL will no longer be a wholly owned subsidiary of D B Realty after the sale
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