The NCLT order had rejected IDBI Bank's plea to initiate insolvency proceedings against Zee Entertainment
The company's net profit fell by 70% on a QoQ basis.
The lessors have determined that the airline's equity stake is worth Rs 48 per equity share.
On the sectoral front, Nifty Auto index is trading nearly 2% lower.
EBITDA increases by 24.9 % YoY to Rs 114.3 crore
The company started FY24 with strong double-digit value.
NSE Board decided to double the SGF corpus from Rs50bn to Rs100bn over the next few years. In this regard, NSE has started contributing 2% of transaction revenues (Rs2bn) to its SGF corpus, and it would also make an ad-hoc transfer to this fund (Rs14bn transferred at the end of Q1FY24).
Petrol and Diesel prices in cities across India on 02-08-2023
Recommendation: Add; target price: Rs 1779
The revenue for the same quarter stands at Rs 8,713 crore, showing a 9 % YoY increase
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