News Overview

IRM Energy, a city gas distribution (CGD) company, has set its sights on raising Rs 545.4 crore through this IPO.

For the quarter that ended on September 30, 2023, the company recorded a consolidated net profit of Rs 1,281 crore, while revenue increased by 15.3% to Rs 16,012 crore.

The company's sales increased from Rs 1,305 crore in Q1 to Rs 1,999.9 crore in Q2, a 53.3% increase.

The BSE Midcap and Smallcap indices ended the day with relatively flat performances.

The approved capsules come in strengths of 20 mg and 40 mg and are indicated for the short-term treatment of heartburn and other symptoms associated with gastroesophageal reflux disease (GERD).

The project's total capacity is 1,000 MW, and it will operate at a tariff of Rs 2.57 per kilowatt-hour (kWh).

This integration enables drivers to access additional vehicle functionality through voice commands while focusing on the road

The company is raising Rs 1000 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 10 NCDs in a lot.

he litigations are in their early discovery phases and pertain to allegations that a hair-relaxer product may contain chemicals linked to ovarian cancer, uterine cancer, and other health concerns

This move involves splitting each equity share with a face value of Rs 10 into 10 equity shares with a face value of Re 1 each