Operating EBITDA grew by 2.3% YoY, reaching ₹138.5 Crore, up from ₹135.4 Crore in the previous year’s Q2.
The business intends to repay debt by investing in its subsidiary, NTPC Renewable Energy, with the money raised from the IPO.
The IPO, with a price band of ₹275 to ₹289 per share, raised ₹2,900 crore.
With these orders, Kalpataru Projects International has year-to-date order inflow of around Rs 14,100 crore.
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The company's Elite & Premium portfolio did well during the quarter, growing 7% year over year.
The food delivery company's $1.3 billion share sale, which was more than three times oversubscribed last week,
For October 2024, passive funds reported a 49.7% growth in folios and a 42.9% growth in AUM on a yoy basis.
U.S. West Texas Intermediate (WTI) crude futures increased 13 cents, or 0.19%, to $68.25, while Brent futures increased 13 cents, or 0.18%, to $72.02 a barrel.
Manappuram and other companies in the sector have been contending with increased regulatory scrutiny and declining valuations.

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