Find out what the IPO lock-up period is about, how it is implemented and why it is important. A lock-up period is occasionally used in IPOs, and it has certain advantages and disadvantages.
EBITDA (earnings before interest, taxes, depreciation, and amortization) decreased by 24.8% YoY to ₹2,912.8 Crore from ₹3,875.4 Crore.
The Sensex closed 836.34 points lower, a drop of 1.04%, at 79,541.79. Meanwhile, the Nifty fell 284.70 points, or 1.16%, to end at 24,199.30.
Spot gold was up 0.1% to $2,708.89 an ounce, but it had lost about 1% of its value this week.
Operating EBITDA was ₹566 Crore, excluding an ₹18 Crore loss from the new MSSH Dwarka facility and ₹7 Crore in transaction expenses related to the Jaypee Hospital acquisition.
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Sterling was able to return to the $1.30 level, while the yen also had some relief, lingering around the 153 per dollar level.
Brent crude oil futures dropped 26 cents, or 0.3 percent, to $75.37 per barrel. At $72.01, the price of U.S. West Texas Intermediate (WTI) oil increased 35 cents, or 0.5 percent.
The EBITDA declined by 8.2% YoY to ₹9,676.4 Crore from ₹10,537 Crore.

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